Tranche Update on SBI Holdings, Inc.'s Equity Buyback Plan announced on November 21, 2018.
January 04, 2019 at 08:00 am IST
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From November 21, 2018 to December 31, 2018, the company has repurchased 6,600,000 shares, representing 2.79% for ¥16,394.63 million. With this, the company has completed the repurchase of 6,600,000 shares, representing 2.79% for ¥16,394.63 million under the buyback announced on November 21, 2018.
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.