Tranche Update on Simplex Financial Holdings Co., Ltd.'s Equity Buyback Plan announced on August 9, 2016.
August 09, 2016
Share
From August 9, 2016 to August 10, 2016, the company has repurchased 750,000 shares, representing 11.7% for ¥1,814.25 million. With this, the company has completed the repurchase of 750,000 shares, representing 11.7% for ¥1,814.25 million under the buyback announced on August 9, 2016.
Simplex Financial Holdings Co., Ltd. is a Japan-based company mainly engaged in the operation of an investment management business. The Company provides financial products to domestic and foreign institutional investors, including domestic and overseas family offices, universities, pension funds, governments, banks, pensions, and others. The Company also creates, manages and provides a new type of exchange-traded fund (ETF) to individual and institutional investors. The Company provides three business lines. The fund is managed by internal and external fund managers. The ETF lists and operates not only the mainstream ETFs such as the Nikkei Average and TOPIX in Japan but also a number of Japan's first ETFs with an edge such as leveraged inverse and crude oil. The Open innovation goes between the investor and the investment bank and provides solutions from the investor's perspective.
SIMPLEX FINANCIAL HOLDINGS CO., LTD. 