Meitec Corporation announces an Equity Buyback for 1,900,000 shares, representing 2.37% for ¥4,200 million.
October 26, 2022 at 10:41 pm EDT
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Meitec Corporation (TSE:9744) announces a share repurchase program. Under the program the company will repurchase up to 1,900,000 shares, representing 2.37% of the outstanding shares for ¥4,200 million. The program will run until February 28, 2023.
Meitec Group Holdings Inc, formerly Meitec Corp, is a Japan-based company mainly engaged in the engineering solutions business and engineer introduction business. The Company operates in two business segments. The Engineering Solutions business segment is engaged in the provision of engineering solution services with a focus on engineer dispatch services. This segment includes high-end engineer dispatching business, middle-range engineer dispatching business, senior engineer dispatching business, registered staffing business whose main customers are the manufacturing industry, and general outsourcing business. The Engineer Introduction business segment is engaged in the employment placement business for engineers.
MEITEC GROUP HOLDINGS INC. 
