NJS Co., Ltd. (TSE:2325) announces a share repurchase program. Under the program, the company will repurchase 184,000 shares, representing 1.9% of its share capital, for ¥354.2 million. The company will repurchase its shares from Suido Asset Service Co., Ltd. The program will run until October 2, 2020. As of June 30, 2020, the company had 9,747,676 shares outstanding (excluding treasury shares) and 300,324 shares in treasury.
NJS Co.,Ltd. is a Japan-based company mainly engaged in the water and sewerage business, and the environment business. The Company has two regional segments. The Company is mainly engaged in the construction consulting business, the development and provision of consulting services and software through the life cycle of water and sewage infrastructures, the provision of research, design, construction management and operation consulting services, the provision of disaster prevention and mitigation measures, environmental planning and environmental assessments, the provision of support services for water and sewage operation business, the provision of residents services, financial accounting and facility management services, and public-private partnership services, management improvement support services, the water and sewage consulting business in overseas, as well as the leasing, sale and management of real estate. The Company operates within the domestic market and to overseas markets.