GREE, Inc. announces an Equity Buyback for 35,000,000 shares, for ¥35,000 million.
September 30, 2021 at 02:30 am EDT
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GREE, Inc. (TSE:3632) announces a share repurchase program. Under the program, the company will repurchase up to 35,000,000 shares, representing 16.83% of its issued share capital (excluding treasury stock), for a total purchase price of ¥35,000 million. The purpose of the program is to enable flexible execution of capital policies in response to changes in the business environment. The program will be valid till September 22, 2022. As of August 31, 2021, the company had 207,947,843 issued shares (excluding treasury stock) and 34,301,857 treasury shares.
Gree Inc is a Japan-based company mainly engaged in the internet media business. The Company is mainly engaged in the operation of GREE, the development and operation of app games for smartphones in Japan and overseas, as well as the operation of advertising media, and the provision of live entertainment business.
GREE, INC. 
