TOMONY Holdings, Inc. announces an Equity Buyback for 679,900 shares, representing 0.43% for ¥202.61 million.
June 15, 2021 at 03:00 am EDT
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TOMONY Holdings, Inc. (TSE:8600) announces a share repurchase program. Under the program, the company will repurchase up to 679,900 common shares, representing 0.43% of its issued share capital for ¥202.61 million. The shares will be repurchased at a price of ¥298 per share. The purpose of the program is to enhance the return of profits to shareholders by improving capital efficiency. The program will be valid till June 16, 2021. As of March 31, 2021, the company had 159,914,292 issued shares (excluding treasury stock) and 3,814,619 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. 
