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home / news releases / MRM - MEDIROM announces JOY50M buyback plan by CEO

MRM - MEDIROM announces JOY50M buyback plan by CEO

MEDIROM Healthcare Technologies Inc.
  • Holistic healthcare company based in Japan, MEDIROM Healthcare Technologies ( NASDAQ: MRM ) announced that COZY, a company owned and controlled by Mr. Kouji Eguchi, the CEO and controlling shareholder of the company, has entered into a stock repurchase plan with a U.S. investment bank, under which COZY may purchase up to JPY50M of the company’s ADSs, each representing one common share of the company.
  • On January 18, 2023, the Board of Directors approved the plan.
  • “This decision demonstrates my confidence in MEDIROM’s business fundamentals and growth opportunities,” said Mr. Eguchi, CEO of MEDIROM.
  • Mr. Eguchi currently owns ~1.88M shares, representing ~38.6% of the company.

For further details see:

MEDIROM announces JOY50M buyback plan by CEO
Stock Information
Company Name: MEDIROM Healthcare Technologies Inc.
Stock Symbol: MRM
Market: NASDAQ
Website: medirom.co.jp
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