Tanabe Consulting Group Co.,Ltd. announces an Equity Buyback for 150,000 shares, representing 0.87% for ¥200 million.
March 15, 2023 at 03:00 am EDT
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Tanabe Consulting Group Co.,Ltd. (TSE:9644) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 087% of the outstanding shares, at ¥903 per share for ¥200 million. The purpose of the program is to carry out capital policy to meet the criteria required for listing on the TSE prime market.
The program is valid until March 16, 2023. As of September 30, 2022, the company had 17,154,592 shares outstanding (excluding treasury stock) and 353,808 shares in treasury.
Tanabe Consulting Group Co Ltd is a Japan-based company mainly engaged in the management consulting business. The management consulting areas include strategy consulting, digital transformation (DX) consulting and brand & design consulting. The services in the strategic consulting area include domain consulting, function consulting, human resources (HR) Consulting, mergers & acquisitions (M&A) alliance consulting, regional consulting, strategic domain & function study group and first call company (FCC) seminar. The services in the DX consulting area include digital marketing, management DX, branding DX, marketing DX and FCC academy cloud. The services in the brand & design consulting area include marketing strategy planning, branding, customer experience (CX) design, creative, and Web promotion. The sales promotion products include sales promotion tools, blue diaries and calendars.