Aeon Delight Co., Ltd. announces an Equity Buyback for 700,000 shares, representing 1.44% for ¥3,100 million.
April 09, 2024 at 02:00 am EDT
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Aeon Delight Co., Ltd. (TSE:9787) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 1.44% of its total shares outstanding excluding treasury shares, for a total of ¥3,100 million. The purpose of repurchase program is to improve capital efficiency by implementing flexible capital policies that respond to changes in the business environment, as well as to strengthen shareholder returns.
The repurchase program is valid till December 30, 2024. As of February 29, 2024, the company had 48,535,286 shares outstanding excluding treasury shares and had 634,347 shares in treasury.
AEON DELIGHT CO., LTD. operates in two business segments. Integrated Facility Management Service (FMS) segment is engaged in the facility management business, which provides repair, inspection and maintenance services; security business, which provides security services, transportation security guidance and valuables transportation; cleaning business, which provides cleaning services; construction works business, which conducts large scale maintenance, store interior works; materials-related business, which provides indirect materials purchasing agency services and material procurement services; vending machines business, as well as supports business, including housekeeping support services, retail stores business and others. Others segment is engaged in the rental of real estate.
AEON DELIGHT CO., LTD. 
