TOMONY Holdings, Inc. announces an Equity Buyback for 1,000,000 shares, representing 0.61% for ¥600 million.
November 13, 2018 at 01:00 am EST
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TOMONY Holdings, Inc. (TSE:8600) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 0.61% of the outstanding shares for ¥600 million. The purpose of the program is to enhance capital efficiency and to improve shareholder returns. The program will run until January 31, 2019. As of October 31, 2018, the company had 163,489,606 shares outstanding and 239,305 shares in treasury.
TOMONY Holdings, Inc. is a Japan-based holding company mainly engaged in the operation and management of its subsidiaries and other supplementary businesses. The Banking segment involves deposit, loan, domestic and foreign currency exchange, securities investment and corporate bonds businesses, among others. The Leasing segment is engaged in the leasing business. The Others segment is involved in banking related businesses, such as software development, credit card business, venture capital business, among others.
TOMONY HOLDINGS, INC. 
