Hokuyaku Takeyama Holdings,Inc. announces an Equity Buyback for 400,000 shares, representing 1.7% for ¥320 million.
August 26, 2020 at 03:00 am EDT
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Hokuyaku Takeyama Holdings,Inc. (SPSE:3055) announces an share repurchase program. Under the program the company will repurchase 400,000 shares, representing 1.7% of the outstanding shares, at ¥745 per share for ¥320 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of July 31, 2020, the company had 23,538,863 shares outstanding and 861,137 shares in treasury.
HOKUYAKU TAKEYAMA Holdings,Inc. is a Japan-based holding company engaged in the wholesale of pharmaceuticals and medical equipment. The Company operates through six business segments. The Pharmaceuticals segment is engaged in the sales of pharmaceuticals for medical use, general pharmaceuticals and medical drugs for agriculture and livestock farming uses. The Medical Equipment segment is engaged in the wholesale of medical equipment. The Dispensing segment is engaged in the operation of dispensing pharmacies. The Nursing Care segment is engaged in the rental and sales of nursing care products. The Information and Communication Technology (ICT) segment is engaged in the entrusted development and sales of computer software and the entrusted accounting business. The Others segment is engaged in the insurance agency business, supply processing and distribution (SPD) business, as well as the provision of support services for new opening.
HOKUYAKU TAKEYAMA HOLDINGS,INC. 