CREEK & RIVER Co., Ltd. announces an Equity Buyback for 265,000 shares, representing 9.88% for ¥500 million.
October 26, 2023 at 02:00 am EDT
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CREEK & RIVER Co., Ltd. (TSE:4763) announces a share repurchase program. Under the program, the company will repurchase up to 265,000 shares, representing 9.88% of its total shares outstanding excluding treasury shares, for a total of ¥500 million. The purpose of repurchase program is to implement a flexible capital policy that responds to changes in the business environment.
The repurchase program is valid till February 29, 2024. As of October 26, 2023, the company has 22,682,315 shares outstanding excluding treasury shares and has 326,685 shares in treasury.
Creek & River Co Ltd is a Japan-based company mainly engaged in the production and agency business of video, games, the Web, and advertising and publishing. The Company operates through four business segments. The Creative Field (Japan) segment and the Creative Field (Korea) segment are engaged in the video, games, the Web, advertising/publishing business. It operates in Japan, South Korea, China and the United States. It also provides rights management business and the development and operation of the target training curriculum. The Medical Sector segment is engaged in the development businesses centered on doctor agencies under the brand of private medical office. The Accounting and Legal Profession segment operates an agency business for accountants and lawyers. It is also engaged in information technology, fashion and other businesses.
CREEK & RIVER CO., LTD. 
