Tranche Update on Toho Holdings Co., Ltd.'s Equity Buyback Plan announced on September 15, 2023.
March 07, 2024 at 11:00 pm EST
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From January 1, 2024 to March 7, 2024, the company has repurchased 802,000 shares, representing 1.26% for ¥2,588.18 million. With this, the company has completed the repurchase of 1,838,800 shares, representing 2.87% for ¥5,999.94 million under the buyback announced on September 15, 2023.
Toho Holdings Co Ltd is a Japan-based company mainly engaged in the pharmaceutical wholesale business. The Company operates through five business segments. The Pharmaceutical Wholesale segment purchases pharmaceuticals and medical-related products from pharmaceutical manufacturers and sells them to hospitals, clinics and dispensing pharmacies. It is also engaged in the provision of data processing system and rental of real estate. The Dispensing Pharmacy segment is engaged in the management of insurance dispensing pharmacies and dispensing pharmacies. The Pharmaceutical Manufacture and Sale segment is engaged in the manufacture and sale of generic drugs and contract manufacturing of injectable drugs. The Clinical Trial Facility Support segment is engaged in the provision of support for clinical trial facilities. The Information Equipment Sales segment is engaged in the planning and sale of information processing equipment.