USEN-NEXT HOLDINGS Co.,Ltd. announces an Equity Buyback for 2 shares.
April 10, 2023 at 03:00 am EDT
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USEN-NEXT HOLDINGS Co.,Ltd. (TSE:9418) announces a share repurchase program. Under the program, the company will repurchase up to 2 shares. The company will purchase any fractions less than one share of the Company allotted to shareholders of Premium Platform Japan, Inc. The shares will be repurchased at a price of closing price of common shares of the company on the Tokyo Stock Exchange Prime Market as of the date April 10, 2023.
U-Next Holdings Co Ltd, formerly known as Usen Next Holdings Co Ltd, is a Japan-based company engaged in the store service business and telecommunications business. The Company operates through five business segments. The Content Distribution segment provides and sells the video distribution service U-NEXT for individuals. The Store Services segment engages in the provision, sale, and construction store solutions, the provision of customer attraction support for restaurants, the management and development of music copyright. This segment also provides other solutions necessary for store operations. The Telecommunications segment provides services to corporations under the USEN GATE02 brand, and broadband Internet lines for individuals. The Commercial Systems segment provides automatic payment machines and front desk management systems for medical institutions and hotels. The Energy segment provides energy consulting services, including low-voltage power, high-voltage power, and others.