Hoshi Iryo-Sanki Co., Ltd. announces an Equity Buyback for 300,100 shares, representing 9.2% for ¥979.83 million.
August 25, 2020 at 02:00 am EDT
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Hoshi Iryo-Sanki Co., Ltd. (JASDAQ:7634) announces an share repurchase program. Under the program the company will repurchase 300,100 shares, representing 9.2% of the outstanding shares for ¥979.83 million. The program will run until October 30, 2020. As of August 25, 2020, the company had 3,262,724 shares outstanding and 157,276 shares in treasury.
HOSHI IRYO-SANKI CO., LTD. is a Japan-based company mainly engaged in the medical gas business and household medical business. The Company operates in five business segments. The Medical Gas-related segment is engaged in the sale of medical oxygen gas, anesthesia gas and other general medical gases. The Household Medical-related segment is engaged in the rental and sale of oxygen generator for home use, equipment for continuous positive pressure respiratory therapy, home respirators and others. The Medical Gas Equipment Work-related segment is engaged in the design and construction of medical gas piping works, and the maintenance and inspection of medical gas plumbing facilities. The Nursing Welfare-related segment is engaged in the rental and sale of nursing welfare-related products, housing renovation, the operation of home-visit nursing and home care support offices, and related businesses. The Facility Care-related segment is engaged in the operation of pay nursing home and others.
HOSHI IRYO-SANKI CO., LTD. 
