Impress Holdings, Inc. announces an Equity Buyback for 400,000 shares, representing 1.2% for ¥66 million.
November 21, 2018 at 02:00 am EST
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Impress Holdings, Inc. (TSE:9479) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 1.2% of the outstanding shares for ¥66 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until January 31, 2019. As of September 30, 2018, the company had 33,398,681 shares outstanding and 3,972,819 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. 
