Tranche Update on CROOZ, Inc.'s Equity Buyback Plan announced on May 11, 2018.
May 24, 2018 at 05:00 am EDT
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From May 11, 2018 to May 24, 2018, the company has repurchased 517,200 shares, representing 4.29% for ¥1,119.49 million. With this, the company has completed the repurchase of 517,200 shares, representing 4.29% for ¥1,119.49 million under the buyback announced on May 11, 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.