NSD Co., Ltd. announces an Equity Buyback for 270,000 shares, representing 0.35% for ¥700 million.
February 06, 2024 at 01:00 am EST
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NSD Co., Ltd. (TSE:9759) announces a share repurchase program. Under the program, the company will repurchase up to 270,000 shares, representing 0.35% of its issued share capital, for ¥700 million. The purpose of the program is to return profits to all shareholders.
The shares repurchased will be cancelled. The program will continue through March 15, 2024. As of December 31, 2023, the company had 77,131,930 issued shares (excluding treasury shares) and 9,868,070 treasury shares.
NSD CO., LTD. is a Japan-based company primarily engaged in the provision of system services and real estate rental business. The Company operates in two business segments. The System Solution Services segment is engaged in the development of software, as well as the operation and management of computer labs and the provision of information processing services. This segment also sells packaged software and system equipment related to total software. The Real Estate Leasing segment is involved in the real estate leasing business.
NSD CO., LTD. 
