ZIGExN Co., Ltd. announces an Equity Buyback for 670,000 shares, representing 0.6% for ¥400 million.
February 13, 2019 at 01:00 am EST
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ZIGExN Co., Ltd. (TSE:3679) announces a share repurchase program. Under the program, the company will repurchase 670,000 shares, representing 0.6% of the outstanding shares for ¥400 million. The purpose of the program is to implement a flexible capital policy and to increase shareholder value. The program will run until May 13, 2019. As of December 31, 2019, the company had 111,641,110 shares outstanding and 90 shares in treasury.
ZIGExN Co.,Ltd. is a Japan-based company primarily engaged in life media platform business which integrates the information on multiple media. The Company operates in two business segments. Its Life Media Platform segment is engaged in the development, operation and maintenance of media that integrate information from multiple Internet and paper media, specialized media that matches users and customers for specific industries and regions, as well as application Service provider (ASP) services. The Life Media Platform segment includes three fields: human resources field, real estate field and living field. The Others segment is engaged in the plan, development, operation and maintenance of new development services centered on the user billing model, leveraging the knowledge of the existing life media platform business.
ZIGEXN CO., LTD. 
