Tranche Update on Simplex Financial Holdings Co., Ltd.'s Equity Buyback Plan announced on September 18, 2018.
September 18, 2018 at 09:00 pm EDT
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From September 18, 2018 to September 19, 2018, the company has repurchased 720,000 shares, representing 10.07% for ¥1,520.64 million. With this, the company has completed the repurchase of 720,000 shares, representing 10.07% for ¥1,520.64 million under the buyback announced on September 18, 2018.
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.