4Cs Holdings Co., Ltd. announces an Equity Buyback for 95,000 shares, representing 1.38% for ¥38 million.
November 19, 2018 at 03:30 am EST
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4Cs Holdings Co., Ltd. (TSE:3726) announces a share repurchase program. Under the program, the company will repurchase 224,000 shares, representing 3.26% of the outstanding shares for ¥134.4 million. Shares will be repurchased from Hiroyuki Osaka. The purpose of the program is to enable the implementation of a flexible management in response to changes in the business environment. The program will run until December 28, 2018. As of November 19, 2018, the company had 6,866,760 shares outstanding and 106,710 shares in treasury.
4Cs Holdings Co.,Ltd. is a Japan-based company mainly engaged in the communication sales business and the cosmetics wholesale business. The Company has two business segments. The Communication Sales segment is engaged in the online sale of cosmetic products and health food, including skin care series products under the brand NANO ACQUA, base makeup series products under the brand ACQUA FAIRY and health food products under the brand BE ACQUA, as well as the development and online sale of doctor's cosmetic products specializing in anti-aging under the brand Fine Visual. The Cosmetics Wholesale segment is engaged in the wholesale of cosmetics and bath products such as keratin removing product Natural Aqua Gel, bath product Bath Time, moisturizing serum lotion product Moist Serum Lotion and oil cleansing product Extra Oil Cleansing. The Company is also engaged in the sale of biofluorescence image measurement equipment, and the provision of inspection services for restaurants.