SE Holdings and Incubations Co., Ltd. announces an Equity Buyback for 340,000 shares, representing 1.86% for ¥100 million.
January 30, 2024 at 01:30 am EST
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SE Holdings and Incubations Co., Ltd. (TSE:9478) announces a share repurchase program. Under the program, the company will repurchase up to 340,000 shares, representing 1.86% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100 million. The purpose of the program is to carry out flexible management that responds to changes in the economic situation.
The repurchased shares will be cancelled. The program will continue through February 28, 2024. As of December 31, 2023, the company had 18,305,897 issued shares (excluding treasury stock) and 1,678,329 treasury shares.
SE Holdings and Incubations Co., Ltd. is mainly engaged in publishing and software business. The Company has six business segments. The Publishing segment involves in the publication and sale of general books and computer-related books, the provision of computer-related conference and education services, and computer-related technical information on Websites, as well as the online sale of software and hardware. The Corporate Services segment provides product marketing and sales promotion, user support and corporate support services. The Software Network segment is engaged in the development and sale of entertainment software, the provision of mobile Internet technologies and maintenance services, and the operation of amusement facilities. The Internet Cafe segment operates Internet cafes and body care salons. The Education and Personnel segment is engaged in the manpower dispatching business and others. The Investment segment involves in securities investment business.
SE HOLDINGS AND INCUBATIONS CO., LTD. 
