TOMONY Holdings, Inc. announces an Equity Buyback for 480,000 shares, for ¥151.2 million.
February 16, 2021 at 02:00 am EST
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TOMONY Holdings, Inc. (TSE:8600) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 0.3% of its issued share capital (excluding treasury stock), for a total purchase price of ¥151.2 million. The purpose of the program is to enhance the return of profits to shareholders by improving capital efficiency. The program will be valid till February 17, 2021. As of December 31, 2020, the company had 160,228,996 issued shares (excluding treasury stock) and 3,499,915 treasury shares.
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. 
