Iyogin Holdings,Inc. announces an Equity Buyback for 4,500,000 shares, representing 1.46% for ¥5,000 million.
November 09, 2023 at 11:30 pm EST
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Iyogin Holdings,Inc. (TSE:5830) announces a share repurchase program. Under the program, the company will repurchase up to 4,500,000 shares, representing 1.46% of its total shares outstanding (excluding treasury shares), for a total of ¥5,000 million. The purpose of repurchase program is to improve corporate value by increasing capital efficiency.
The repurchase program is valid till January 31, 2024. As of September 30, 2023, the company had 307,414,428 shares outstanding (excluding treasury shares) and had 5,994,403 shares in treasury.
Iyogin Holdings Inc is a Japan-based company mainly engaged in financial services such as leasing, with a focus on banking operations. The banking business is engaged in deposit business, lending business, securities investment business, and exchange business, as well as banking business agency business, credit guarantee business, credit card business, and investment fund management business. The leasing business is engaged in the provision of leasing business. In addition, the Company is also engaged in information processing consignment business and software development business.
IYOGIN HOLDINGS,INC. 
