Yume no Machi Souzou Iinkai Co., Ltd. announces an Equity Buyback for 200,000 shares, representing 0.49% for ¥300 million.
January 16, 2019 at 02:00 am EST
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Yume no Machi Souzou Iinkai Co., Ltd. (JASDAQ:2484) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 0.49% of the outstanding shares for ¥300 million. The purpose of the program is to enhance capital efficiency, improve shareholder returns and to implement a flexible capital policy in response to changes in the business environment. The program will run until January 31, 2019. As of December 31, 2018, the company had 40,780,726 shares outstanding and 3,609,674 shares in treasury.
DEMAE-CAN CO.,LTD, formerly YUME NO MACHI SOUZOU IINKAI CO., LTD., is a Japan-based company mainly involved in the operation of home delivery Websites and the mail order business. The Company operates in two business segments. The Demae-can segment is engaged in the operation and management of a delivery Website under the name Demae-can, the development of order information transmission system, the operation and management of advertisements, and the delivery agency business. The Demae-can is a virtual shopping mall specializing in home delivery services that mainly provides pizza, sushi, curry, Chinese food, fast food and other food delivery services, and stores offering home delivery services are members. The mail order segment is engaged in the mail order sale of shochu and other alcohol products, food and supplements for restaurants through call centers.
DEMAE-CAN CO.,LTD 
