Impress Holdings, Inc. announces an Equity Buyback for 300,000 shares, representing 0.9% for ¥60 million.
August 08, 2018 at 03:00 am EDT
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Impress Holdings, Inc. (TSE:9479) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.9% of its share capital, for ¥60 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 September 19, 2018. As of March 31, 2018, the company had 33,359,514 shares outstanding (excluding treasury shares) and 4,011,986 shares in treasury.
Impress Holding, Inc. is a holding company mainly engaged in the media business with six segments. The Information Technology (IT) segment is engaged in the planning, production and sale of digital media, the publication of magazines, mooks and books, as well as the production of sales promotion products in IT field. The Music segment provides digital media and magazines, mooks, books and video products in music field. The Design segment offers digital media and publications in design field. The Mountain and Nature segment provides digital media and publications in mountain and nature field. The Mobile Service segment is engaged in the planning and production of mobile media and digital books, and the provision of mobile terminal services. The Others segment operates publishing businesses.
IMPRESS HOLDINGS, INC. 
