FreeBit Co., Ltd. announces an Increase in Equity Buyback.
September 20, 2021
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On September 21, 2021, the company announced an increase in its equity buyback plan. The company increased its authority to 2,180,000 shares, representing 10.37% of its issued share capital for ¥2,600 million worth of shares.
FreeBit Co., Ltd. is a Japan-based company mainly engaged in the provision of Internet-related services for corporations and individuals. The Broadband segment mainly provides necessary services for Internet Service Provider (ISP) operation. The Mobile segment provides enterprise support services to enterprises for virtual mobile communications carriers (MVNO) business. The Advertisement Technology segment provides Internet marketing related services for corporations and next generation advertising platforms specialized for telephone. Cloud segment provides cloud services for corporations and cloud services for individuals. The Health Tech segment provides solution services for dispensing pharmacies and applications for smartphones for individuals. Others segment provides other services.