Isewan Terminal Service Co., Ltd. announces an Equity Buyback for 550,000 shares, representing 2.12% for ¥415.25 million.
November 14, 2023 at 02:30 am EST
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Isewan Terminal Service Co., Ltd. (NSE:9359) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 2.12% of its issued share capital, for ¥415.25 million. The shares will be repurchased at a price of ¥755 per share. The purpose of the program is to enable flexible capital policy implementation in response to changes in the business environment. As of September 30, 2023, the company had 25,923,433 issued shares
(excluding treasury stock) and 1,563,621 shares in treasury.
ISEWAN TERMINAL SERVICE CO.,LTD. is a Japan-based company mainly engaged in the logistics business. It provides eight kinds of services. The port transportation business provides general port transportation business, port cargo handling business and barge transportation business. The warehousing business stores and loads cargo. The freight forwarding business uses shipping companies, air carriers or truck carriers to transport goods. The customs brokerage business acts on behalf of clients for customs clearance procedures of import and export cargo. The air transport agency business handles international air cargo, issues air waybills, and performs incidental services on behalf of airlines. The packing business packs export cargo. The municipal waste and industrial waste transport and recycling business is engaged in the transportation, intermediate treatment and recycling of general and industrial wastes. The general lorry transportation business uses automobiles to transport cargo.
ISEWAN TERMINAL SERVICE CO., LTD. 
