Medical Data Vision Co., Ltd. announces an Equity Buyback for 200,000 shares, representing 0.51% for ¥345 million.
September 13, 2021 at 03:00 am EDT
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Medical Data Vision Co., Ltd. (TSE:3902) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.51% of its issued share capital, for ¥345 million. The shares will be repurchased at a price of ¥1,725 per share. The purpose of the program is to improve shareholder interests by improving capital efficiency, implement flexible capital policies such as M&A, and secure excellent human resources by utilizing incentive plans for directors and employees. The program will be valid till September 14, 2021. As of June 30, 2021, the company had 39,196,848 issued shares (excluding treasury stock) and 830,678 treasury shares.
Medical Data Vision Co.,Ltd. is a company engaged in the medical data network business. The Data Network Service provides management support systems for medical institutions and health insurance unions, as well as EVE, Medical Code and CADA-BOX for hospitals. The Data Utilization Service provides corporate services and personal services based on the medical and health information accumulated through the data network services, various analysis data to pharmaceutical companies, research institutes, patients and consumers. The segment provides various services, such as MDV analyzer, ADHOC research service, OTC, H&BC and insurance company services, as well as Media logs and others.
MEDICAL DATA VISION CO., LTD. 
