PR TIMES, Inc. announces an Equity Buyback for 10,000 shares, representing 0.08% for ¥45 million.
February 16, 2021 at 02:30 am EST
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PR TIMES, Inc. (TSE:3922) announces a share repurchase program. Under the program, the company will repurchase up to 10,000 shares, representing 0.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥45 million. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment in the future. The program will be valid till February 17, 2021. As of November 30, 2020, the company had 13,040,318 issued shares (excluding treasury stock) and 416,882 treasury shares.
PR Times Corp is a Japan-based company mainly engaged in the platform business that connects companies, media and consumers with news, with the provision of news release distribution service PR TIMES as the core of its business. The News Release Distribution business segment provides services through PR TIMES. Its users use PR TIMES in news spreading, such as publish of new products and services, notice of events and campaign, and performance trends release to get a high return on investment. In addition to PR TIMES, the services provided include the task/project management tool Jooto and the customer support tool Tayori. It also operates several news media for consumers, such as isuta and TECHABLE.
PR TIMES CORPORATION 
