Medical Ikkou Co., Ltd. announces an Equity Buyback for 15,000 shares, representing 0.78% for ¥122.25 million.
November 21, 2018 at 02:30 am EST
Share
Medical Ikkou Co., Ltd. (JASDAQ:3353) announces a share repurchase program. Under the program, the company will repurchase 15,000 shares, representing 0.78% of the outstanding shares for ¥122.25 million. The purpose of the program is to improve capital efficiency and shareholder returns. As of August 31, 2018, the company had 1,916,083 shares outstanding and 118,917 shares in treasury.
Medical Ikkou Group Co.,Ltd. is a Japan-based company mainly engaged in the operation of dispensing pharmacies that fill prescriptions for general patients based on the medical prescriptions issued by medical institutions. The Company operates in four business segments. The Dispensing Pharmacy segment is specialized in the sale of medical drugs based on medical prescriptions. The Healthcare segment is engaged in the operation of nursing care facilities, the leasing of medical facilities and others, as well as the medical care and nursing care related businesses. The Medicine Wholesale segment is engaged in the sale of pharmaceutical products to medical institutions and others. The Real Estate segment is engaged in the leasing of real estate properties.
MEDICAL IKKOU GROUP CO.,LTD. 