NCS&A Co., Ltd. announces an Equity Buyback for 500,000 shares, for ¥300 million.
May 13, 2022 at 03:00 am EDT
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NCS&A Co., Ltd. (TSE:9709) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 3.03% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to implement agile capital policies and improve shareholder value in response to changes in the business environment.
The program will continue through September 30, 2022. As of March 31, 2022, the company had 16,520,723 issued shares (excluding treasury stock) and 1,479,277 treasury shares.
NCS&A CO.,LTD. is a Japan-based company engaged in the provision of integrated information services, including the design, development, operation support and maintenance of systems. The systems development business is engaged in the design of systems, the development of software, and the sale of customized packaged software products. The services business is engaged in the provision of maintenance services for computer equipment and other hardware, and system support services for enterprise computer systems, as well as the operation of inbound and outbound call centers for distribution and mail order fields. The system equipment sales business is engaged in the sale of computer equipment and peripherals, and packaged software products.
NCS&A CO., LTD. 
