Vital KSK Holdings, Inc. announces an Equity Buyback for 700,000 shares, representing 1.38% for ¥840 million.
November 06, 2023 at 12:00 am EST
Share
Vital KSK Holdings, Inc. (TSE:3151) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 1.38% of its issued share capital, for ¥840 million. The purpose of this is to improve capital efficiency and implement a flexible capital policy that responds to changes in the business environment.
The repurchase program is valid till November 15, 2023. As of September 30, 2023, the company had 50,903,038 shares outstanding (excluding treasury shares) and 999,938 shares in treasury.
VITAL KSK HOLDINGS, INC. is a Japan-based holding company, principally engaged in the wholesale of drugs. The Pharmaceutical Wholesale segment is engaged in the wholesale of pharmaceuticals, diagnostics, medical equipment, materials to hospitals, medical practitioners, pharmacies and other medical institutions. The others business is engaged in dispensing pharmacy business, retail of pharmaceutical products, wholesale of agricultural chemicals and veterinary drugs, transportation business, nursing care business, consulting services for medical institutions, property insurance agency business, real estate brokerage business, as well as parking business.
VITAL KSK HOLDINGS, INC. 
