TISC Co.,Ltd. announces an Equity Buyback for 35,000 shares, representing 11.43% for ¥140 million.
August 10, 2023 at 03:50 am EDT
Share
TISC Co.,Ltd. (NSE:4349) announces an share repurchase program. Under the program, the company will repurchase up to 35,000 shares, representing 11.43% of its issued share capital, for ¥140 million. The shares will be repurchased at a price of ¥ 3,725 per share.
The company will repurchase its shares in order to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of August 10, 2023, the company had 306,110 shares issued (excluding treasury stock) and 43,890 shares in treasury.
TISC CO., LTD. is a Japan-based company mainly engaged in the development and operation support of packaged software and other products, as well as the sale and maintenance of computer equipment. The system development business is involved in the development and sale of packaged software products such as the chain store backbone business system CHAINS, the chain store information analysis system GRIP, the store business support system SCOOP, the store wireless personal digital assistant (PDA) system WRAPS and the sales management system GROWBS, and the provision of application service provider (ASP) services, as well as the contract development and operation support of software products. The commodity business is engaged in the sale of computer equipment and supplies, the maintenance of computer equipment, and the provision of housing services, hosting services and cloud services.
TISC CO.,LTD. 
