Tranche Update on Shin Pro Maint.Inc's Equity Buyback Plan announced on August 1, 2016.
August 01, 2016
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From August 1, 2016 to August 2, 2016, the company has repurchased 100,000 shares, representing 5.65% for ¥123.9 million. With this, the company has completed the repurchase of 100,000 shares, representing 5.65% for ¥123.9 million under the buyback announced on August 1, 2016.
Shin Maint Holdings Co.,Ltd. is a Japan-based company mainly engaged in the provision of maintenance services for various facilities and equipment in stores. Main customers are major restaurant chains and retail chains. The one-stop maintenance services provide an emergency maintenance service that responds to sudden troubles in various facilities and equipment, and a preventive maintenance service that regularly checks, maintains, and cleans various facilities and equipment. The maintenance outsourcing service provides support to improve the maintenance capability of the kitchen equipment manufacturer by providing a maintenance system. The emergency maintenance service accepts repair requests 24 hours a day, 365 days a year. The preventive maintenance services provide tailored maintenance based on store conditions.