Tranche Update on Meitec Corporation's Equity Buyback Plan announced on October 29, 2020.
January 04, 2021 at 09:30 pm EST
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From October 29, 2020 to December 31, 2020, the company has repurchased 304,200 shares, representing 1.1% for ¥1,547.9 million. With this, the company has completed the repurchase of 304,200 shares, representing 1.1% for ¥1,547.9 million under the buyback announced on October 29, 2020.
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.