HIRAYAMA HOLDINGS Co.,Ltd. announces an Equity Buyback for 65,000 shares, representing 0.89% for ¥65 million.
June 20, 2023 at 11:45 am IST
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HIRAYAMA HOLDINGS Co.,Ltd. (JASDAQ:7781) announces a share repurchase program. Under the program, the company will repurchase up to 65,000 shares, representing 0.89% of its issued share capital (excluding treasury stock), for a total purchase price of ¥65 million. The purpose of the program is to improve capital efficiency and execute flexible capital policy while increasing shareholder value per share.
The program will continue through September 27, 2023. As of March 31, 2023, the company had 7,325,900 issued shares (excluding treasury stock) and 427,700 treasury shares.
HIRAYAMA HOLDINGS Co.,Ltd. is a Japan-based company mainly engaged in outsourcing business and technology staffing business. The In-sourcing / Dispatch business is mainly engaged in operation of manufacturing contract, manufacturing dispatch and recruitment business in the manufacturing process of medical devices and pharmaceuticals, transport equipment, housing equipment, food related products and others. Technician dispatch business is mainly engaged in dispatching its employees to engineering field companies. Overseas business is mainly engaged in overseas dispatching business. Other businesses mainly include services provided by the education department and consulting department.
HIRAYAMA HOLDINGS CO.,LTD. 
