Aeon Delight Co., Ltd. announces an Equity Buyback for 1,500,000 shares, representing 3% for ¥5,300 million.
October 03, 2022
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Aeon Delight Co., Ltd. (TSE:9787) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 3% of its issued share capital, ¥5,300 million. The purpose of the program is to improve capital efficiency by executing capital policies swiftly in response to changes in the business environment and return more profit to shareholders.
The program will run until October 4, 2023. As of August 31, 2022, the company had 50,021,186 shares outstanding and 648,447 shares in treasury.
AEON DELIGHT CO., LTD. operates in two business segments. Integrated Facility Management Service (FMS) segment is engaged in the facility management business, which provides repair, inspection and maintenance services; security business, which provides security services, transportation security guidance and valuables transportation; cleaning business, which provides cleaning services; construction works business, which conducts large scale maintenance, store interior works; materials-related business, which provides indirect materials purchasing agency services and material procurement services; vending machines business, as well as supports business, including housekeeping support services, retail stores business and others. Others segment is engaged in the rental of real estate.