TSI Holdings Co.,Ltd. announces an Equity Buyback for 7,000,000 shares, representing 8.46% for ¥5,000 million.
October 13, 2023 at 02:00 am EDT
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TSI Holdings Co.,Ltd. (TSE:3608) announces a share repurchase program. Under the program, the company will repurchase up to 7,000,000 shares, representing 8.46% of its total shares outstanding (excluding treasury shares), for a total of ¥5,000 million. The purpose of repurchase program is to implement flexible capital policy in response to changes in the business environment and acquiring treasury stock as part of shareholder return measures.
The repurchase program is valid till March 29, 2024. As of October 13, 2023, the company has 82,726,355 shares outstanding (excluding treasury shares) and has 7,417,738 shares in treasury.
TSI Holdings Co., Ltd. is a Japan-based company mainly engaged in the apparel related business and other business. The Apparel Related segment is mainly engaged in the planning, manufacture and sale of fashion and apparel products such as women's clothing, men's clothing and fashion accessories, as well as the license brand business, and the production and logistics business. The Company is also engaged in the other businesses such as the sales agency and staffing business, the synthetic resin products manufacturing and sale business, the store design supervision business, the food and beverage business, as well as the import and sale of cosmetics and soaps. The brands include apparel brands such as ADORE, and wander, Apuweiser-riche, Arpege Story, AVIREX, BAIT, BOSCH, BEAVER and others, food and beverage brands such as Urth Caffe, Patisserie Slier and others, as well as licensed brands such as PRIVATE LABEL, VIVAYOU, Pinky Girls, VertDense, MATERIA, NOVESPAZIO, BRIGITTE and others.
TSI HOLDINGS CO.,LTD. 
