Tranche Update on TIS Inc.'s Equity Buyback Plan announced on May 12, 2021.
September 01, 2021 at 09:00 pm EDT
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From July 1, 2021 to September 2, 2021, the company has repurchased 1,430,400 shares, representing 0.57% for ¥4,470 million. With this, the company has completed the repurchase of 1,430,400 shares, representing 0.57% for ¥4,470 million under the buyback announced on May 12, 2021.
TIS Inc mainly provides outsourcing business and cloud service related to IT investment, as well as software development and solutions. The Company operates in four business segments. The Service Information Technology (IT) segment provides knowledge-intensive IT services. The Business Process Outsourcing (BPO) segment provides business process outsourcing such as marketing and promotional work, clerical work and contract work utilizing a wealth of business and IT know-how. The Financial IT segment is engaged in the operation of high value-added businesses and IT-based business, based on specialized business and business know-how specialized in the financial industry. The Industrial IT segment is engaged in the operation of high value-added businesses and IT-based business, based on specialized business and business know-how specialized in the various fields other than finance. The other business provides real estate leasing and management business.