M-up holdings, Inc. announces an Equity Buyback for 100,000 shares, representing 1.11% for ¥200 million.
March 01, 2021 at 11:30 am IST
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m-up holdings, Inc. (TSE:3661) announces an share repurchase program. Under the program the company will repurchase 100,000 shares, representing 1.11% of the outstanding shares for ¥200 million. The purpose of the program is to to enable agile capital policy in response to changes in the business environment, to expand shareholder returns and improve capital efficiency. The program will run until April 30, 2021. As of February 28, 2021, the company had 9,032,362 shares (excluding treasury stock) outstanding and 84,735 shares in treasury.
M-up Holdings Inc is a Japan-based company primarily engaged in provision of content and distributing systems in entertainment business covering content holders to the users. The Company operates in three business segments. The Content segment is involved in the distribution business for mobile terminals. The E-commerce (EC) segment is involved in the sale of mail-order by mobile and personal computer (PC). The Electronic Ticket segment is involved in the electronic tickets and ticket trading, as well as the related services.
M-UP HOLDINGS, INC. 
