SIG Group Co.,Ltd. announces an Equity Buyback for 118,000 shares, representing 2.05% for ?118 million.
November 26, 2021 at 02:00 am EST
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SIG Co., Ltd. (TSE:4386) announces a share repurchase program. Under the program, the company will repurchase 118,000 shares, representing 2.05% of its share capital, for ?118 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The plan will expire on December 1, 2021. As of September 30, 2021, the company had 5,747,170 shares outstanding (excluding treasury shares) and 177,410 shares in treasury.
SIG Group Co Ltd, formerly SIG Co Ltd, is a Japan-based company mainly engaged in system development business and infrastructure and security business. The system development business is engaged in system development, including information systems, control and monitoring systems for plants, embedded systems for manufacturing equipments for public work, finance and service industry. The infrastructure and security services business includes information technology (IT) infrastructure solutions and security services. The IT infrastructure solutions business engages in device configurations such as various servers and storage, as well as design, construction, introduction support and operation management of networks, databases and backups. The security service business provides security products, security hole searching, penetration testing service, as well as design, construction, maintenance and operation of security products.
SIG GROUP CO., LTD. 
