BeNext-Yumeshin Group Co. announces an Equity Buyback for 4,000,000 shares, representing 4.4% for ¥4,000 million.
August 06, 2021 at 03:00 am EDT
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BeNext-Yumeshin Group Co. (TSE:2154) announces a share repurchase program. Under the program, the company will repurchase 4,000,000 shares, representing 4.4% of the outstanding shares for ¥4,000 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency as part of the capital policy in the medium-term management plan. The program is valid till June 30, 2022. As of June 30, 2021, the company had 90,981,971 shares outstanding (excluding treasury stock) and 18,563 shares in treasury.
Open Up Group Inc, former BeNext-Yumeshin Group Co, is a Japan-based company engaged in human resource services, mainly dispatching engineers and business contracting. The Company operates in four business segments. The Mechanical and Electrical, Information Technology (IT) Domain segment consists of mechanical, electrical and electronic engineers such as development, design and manufacturing technology at domestic manufacturers, and construction and development of networks, servers, software at IT companies. Dispatch and contract work by IT engineers for operation system. The Construction Domain segment mainly dispatches construction management engineers and computer-aided design (CAD) engineers to companies in the domestic construction industry. The Manufacturing Domain segment mainly dispatches and outsources work in the manufacturing process for domestic manufacturers. The Overseas Domain segment is engaged in dispatch, recruitment, and personnel consulting.
OPEN UP GROUP INC. 
