Miroku Jyoho Service Co., Ltd. announces an Equity Buyback for 700,000 shares, representing 2.3% for ¥1,000 million.
August 26, 2021 at 03:00 am EDT
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Miroku Jyoho Service Co., Ltd. (TSE:9928) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 2.3% of its issued share capital for ¥1,000 million. The purpose of the program is to implement agile capital policies in response to changes in the business environment and improve capital efficiency. The program is valid till January 31, 2022. As of August 26, 2021, the company had 30,439,725 shares issued (excluding treasury stock) and 4,366,561 shares in treasury.
MIROKU JYOHO SERVICE CO., LTD. is mainly engaged in the operation of software-related business. The Company provides development and sales of application software for business use, sales of general-purpose servers and personal computers, sales and maintenance of supply goods, management information services, training services, consulting services to small and medium-sized companies, mainly accounting firms (tax accountants and certified public accountants firms) and their advisors to support customer management. The Companyâs main products and services include the sale of computer hardware, such as servers, personal computers and peripheral devices, the development and sale of business application software, the provision of comprehensive maintenance services for accounting firms, such as program update services, telecommunication support services and information services, the provision of business application software rental service and comprehensive maintenance service.
MIROKU JYOHO SERVICE CO., LTD. 