Frontier International Inc. announces an Equity Buyback for 180,000 shares, representing 4.07% for ¥200 million.
March 18, 2020 at 06:30 am EDT
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Frontier International Inc. (TSE:7050) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 4.07% of its share capital, for ¥200 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until September 18, 2020. As of January 31, 2020, the company had 4,420,800 shares outstanding (excluding treasury shares) and 24,400 shares in treasury.
FRONTIER INTERNATIONAL INC., together with its subsidiaries, is principally engaged in the comprehensive promotion business, such as event & public relations (PR), as well as over-the-counter sales business. The event promotion business is involved in the planning, operation and production of field events. The campaign promotion business is involved in the management of the campaign secretariat and the premium & novelty planning production. The PR business is involved in the provision of PR, planning of public relations activities, as well as strategy formulation and advices. Space produce business is involved in the space development with event art and display, among others. Digital promotion business is involved in the planning and operation of digital campaign and the production of contents. The over-the-counter sales support business is involved in the provision of over-the-counter sales support and other services.
FRONTIER INTERNATIONAL INC. 
