Career Design Center Co., Ltd. announces an Equity Buyback for 1,300,000 shares, representing 19.26% for ?1,527.5 million.
November 10, 2021 at 02:30 am EST
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Career Design Center Co., Ltd. (TSE:2410) announces a share repurchase program. Under the program, the company will repurchase up to 1,300,000 shares, representing 19.26% of its issued share capital for ?1,527.5 million. The shares will be repurchased at a price of ?1,175 per share from Aslead Capital Pte. Ltd. The purpose of the program is to acquire treasury stock in order to mitigate the short-term impact on supply and demand and mitigate the impact on existing shareholders, and to implement a flexible capital policy in response to changes in the business environment. The program is valid till November 11, 2021. As of September 30, 2021, the company had 6,750,032 shares issued (excluding treasury stock) and 304,368 shares in treasury.
Career Design Center Co Ltd is a Japan-based company mainly engaged in the provision of human resources services. The media information business is engaged in the operation of websites such as type and Woman type, and the holding of suitable fairs for mid-career customers. The new graduate media business is engaged in the publication of information magazines such as type shukatsu, and the holding of events for new graduates. The human resources introduction business is engaged in the provision of paid employment agency services. The new graduate introduction business is engaged in the provision of employment agency services for new graduates. The information technology (IT) dispatch business is engaged in the provision of dispatch services for IT workers.
CAREER DESIGN CENTER CO., LTD. 
