CROOZ, Inc. announces an Equity Buyback for 517,244 shares, representing 4.3% for ¥1,200 million.
May 11, 2018 at 06:58 am EDT
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CROOZ, Inc. (JASDAQ:2138) announces a share repurchase program. Under the program, the company will repurchase up to 517,244 shares, representing 4.3% of its outstanding shares for a total of ¥1,200 million. The program will expire on August 13, 2018.
CROOZ,Inc. is a Japan-based company mainly engaged in the provision of services through the Internet. The Company operates in three business segments, including the Internet Content segment, the Internet Commerce segment and the Internet Solution segment. The Company mainly involves in the provision of social games, as well as the blog sites and Internet mail order sites for women. Through the provision of social game named Mobage, the Company obtains usage fees from the users via social game platform companies. It also involves in the provision of charging contents to communication carriers, as well as the provision of licensed contents.
CROOZ, INC. 
