Information Creative Co., Ltd. announces an Equity Buyback for 60,000 shares, representing 0.78% for ¥46 million.
January 18, 2021 at 01:00 pm IST
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Information Creative Co., Ltd. (JASDAQ:4769) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 common stock,, representing 0.78% for ¥46 million. The shares will be repurchased at a price of ¥758 million. The purpose of the program is to enable improvement of capital efficiency and flexible execution of capital policy. The program will expire on January 19, 2021. As of September 30, 2020, the company had 7,731,762 shares (excluding treasury stock) and 508 shares in treasury.
IC Co Ltd, formerly Information Creative Co Ltd, is a Japan-based company mainly engaged in the provision of comprehensive support in the field of information technology (IT) and information services, including software development, infrastructure design and construction, and system operation. The Company operates through information service segment. The IT Solution division develops software and operates the system. The IT Service division develops, sells, and supports the introduction of in-house packaged software that meets the needs of various industries. The Company provides the ticket management system Ticket for Windows and the ticket Web sales and management system Ticket for LINE Hybrid.