KSK Co., Ltd. announces an Equity Buyback for 80,000 shares, representing 1.31% for ¥84 million.
November 15, 2016
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KSK Co., Ltd. (JASDAQ:9687) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 1.31% of the outstanding shares, at ¥1,050 per share for ¥84 million. Shares will be repurchased from the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of November 16, 2016, the company had 6,110,705 shares outstanding and 1,525,663 shares in treasury.
KSK CO., LTD. is a Japan-based company engaged in the support of semiconductor design, embedded software development, software development, and network construction. The Company operates in three business segments. The System Core segment is engaged in the development and design of large-scale integration (LSI), the design of hardware systems, and the development of embedded software. The IT Solutions segment is engaged in the development of packaged software, the contract development of application software, the development of computer-aided design (CAD) systems and Website systems, data entry service, operator dispatch, as well as nursing-care and welfare service. The Network Service segment is engaged in the building, site adjustment, the operation and maintenance of communications and computer related systems, the operation and management of CAD systems, and support center business.
KSK CO.,LTD. 
