NSD Co., Ltd. announces an Equity Buyback for 430,000 shares, representing 0.56% for ¥1,000 million.
August 25, 2023 at 02:30 am EDT
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NSD Co., Ltd. (TSE:9759) announces a share repurchase program. Under the program, the company will repurchase up to 430,000 shares, representing 0.56% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program is to return profits to all shareholders.
The program will continue through October 20, 2023. As of June 30, 2023, the company had 76,868,180 issued shares and 10,131,820 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. 
