INTAGE HOLDINGS Inc. announces an Equity Buyback for 1,000,000 shares, representing 2.47% for ¥1,200 million.
August 04, 2021 at 02:30 am EDT
Share
INTAGE HOLDINGS Inc. (TSE:4326) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.47% of its share capital, for ¥1,200 million. The company will repurchase its shares in order to improve capital efficiency and profit returns to shareholders. The program will expire on June 30, 2022. As of June 30, 2021, the company had 40,415,441 shares outstanding (excluding treasury shares) and 10,559 shares in treasury.
INTAGE HOLDINGS Inc., formerly INTAGE Inc., is a provider of marketing research and consulting services. The Market Research and Consulting segment is engaged in marketing research operations, including customer panel research, retail shop panel research and other research activities; customized research services, including Internet research, mail survey, visiting interview survey and qualitative research, as well as the provision of related consulting services. The System Solution segment is engaged in the development and sale of software, the operation of systems and data centers, and the provision of various related consulting services. The Drug Development Support segment is engaged in the contract research organization (CRO) business. As of March 31, 2014, the Company had 24 subsidiaries and one associated company.