CAREERLINK Co., Ltd. announces an Equity Buyback for 377,000 shares, representing 3% for ¥236 million.
January 12, 2018 at 02:00 am EST
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CAREERLINK Co., Ltd. (TSE:6070) announces a share repurchase program. Under the program, the company will repurchase up to 377,000 shares, representing 3% of its share capital, for ¥236 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment, along with aiming to improve its shareholder value per share. The share repurchase program will run until June 29, 2018. As of November 30, 2017, the company had 12,555,646 shares outstanding (excluding treasury shares) and 154 shares in treasury.
Careerlink Co Ltd is primarily engaged in providing comprehensive human resource services with a focus on staffing business. The BPO related business provides staffing service on BPO businesses for BPO operators, staffing service based on incentive contracts, and planning, designing and implementation services as parts of customersâ business processes. CRM related business provides staffing and placement services on telemarketing businesses for telemarketing operators, and telemarketing services for enterprises other than telemarketing operators. The general business provides staffing, placement dispatching, placement and recruiting, and others for general businesses. The manufacturing technology business provides staffing or contracting services for manufacturing and logistics operations on manufacturing sites.