DM Solutions Co., Ltd. announces an Equity Buyback for 50,000 shares, representing 1.82% for ¥50 million.
June 15, 2020 at 02:50 pm IST
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DM Solutions Co., Ltd. (JASDAQ:6549) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 1.82% of its share capital, for ¥50 million. The company will repurchase its shares in order to improve capital efficiency and implement a flexible capital policy in response to changes in the business environment, in addition to returning profits to shareholders and improving capital efficiency. The program will run until December 23, 2020. As of May 31, 2020, the company had 2,741,907 shares outstanding (excluding treasury shares) and 93 shares in treasury.
DM Solutions Co., Ltd is a Japan-based company mainly engaged in the direct mail delivery agency business and internet business. The Company operates through two business segments. Direct Mail segment is involved in the provision of solutions for direct mail planning, design, printing, sealing and delivery. Internet segment is involved in the provision of Internet marketing solutions such as search engine optimization (SEO), listing advertising agency, Website production and Internet marketing consulting, as well as the vertical media services.
DM SOLUTIONS CO.,LTD 
