EBase Co., Ltd. announces an Equity Buyback for 50,000 shares, representing 0.87% for ¥35 million.
February 09, 2015
Share
eBase Co., Ltd. (JASDAQ:3835) announces a share repurchase program. Under the program, the company will repurchase up to 75,000 shares, representing 0.37% of its share capital, for a total of ¥100 million. The purpose of the repurchase program is to put efforts in a dynamic capital policy that is responsive to changes in the business climate and also to allocate as shares to be furnished upon exercise of stock options for the employees of the company and subsidiaries.
The share repurchase program is valid until July 31, 2015. As of February 9, 2015, the company has 5,717,947 shares outstanding (excluding treasury shares) and had 177,653 shares in treasury.
eBASE Co Ltd is a Japan-based company mainly engaged in the eBASE business and eBASE-PLUS business. It operates through two segments. The eBASE segment is engaged in the development and sale of package software, the development and sale of content management software customized for each customer using the content management system (CMS) development platform middleware eBASE, the development and sale of cloud business using eBASE, and the operation of data pool services. It is also engaged in the construction, operation, planning and production of personal computer (PC) sites and mobile sites, as well as system development. The eBASE-PLUS segment is engaged in the information technology (IT) development outsourcing business, including technical support, center machine operation management, contract development of the content management software eBASE, contract operation, contract server maintenance, consulting, system integration services, and system management services.
EBASE CO.,LTD. 
