Gakujo Co., Ltd. announces an Equity Buyback for 400,000 shares, representing 2.67% for ¥600 million.
September 11, 2017 at 02:00 am EDT
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Gakujo Co., Ltd. (TSE:2301) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.67% of its share capital, for ¥600 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment. The share repurchase program will run until January 31, 2018. As of September 11, 2017, the company had 14,977,444 shares outstanding (excluding treasury shares) and 582,556 shares in treasury.
GAKUJO CO., Ltd. is primarily engaged in job information business. The Company provides corporate information for new fresh graduates, and a range of employment consulting, recruiting, staffing and placement services. The Company creates meeting places for corporations and students through company information sessions, job information magazines and job information Websites, and also provides special services, including creation and sending of direct mails, seminar participation acceptance, information management, and recruiting outsourcing services. Besides, the Company connects corporations seeking work-ready recruits with career changers through an information Website.
GAKUJO CO., LTD. 
