Tranche Update on Hard Off Corporation Co.,Ltd.'s Equity Buyback Plan announced on May 25, 2020.
June 10, 2020 at 01:00 am EDT
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From May 25, 2020 to June 9, 2020, the company has repurchased 250,000 shares, representing 1.85% for ¥187.46 million. With this, the company has completed the repurchase of 250,000 shares, representing 1.85% for ¥187.46 million under the buyback announced on May 25, 2020.
Hard Off Corporation Co Ltd is a Japan-based company mainly engaged in the purchase and sale of reused goods. It operates through two segments. The Reuse segment operates the reuse shops Hard Off, Off House, Mode Off, Garage Off, Hobby Off, Liquor Off, and Book Off (Franchisee). Hard Off buys and sells computers, audio and visual equipment, musical instruments, and watches. Off House buys and sells brand-name products, furniture, and interior goods. Mode Off buys and sells women's and men's clothing, and bags. Garage Off buys and sells audio equipment, tires, dress-up products, and other automotive accessories. Hobby Off buys and sells trading cards and games. Liquor Off buys and sells alcoholic beverages, and glasses. Book Off buys and sells books, and compact discs (CDs). The Franchise (FC) segment operates the franchise chain business of the reuse shops Hard Off, Off House, Mode Off, Garage Off, Hobby Off, and Liquor Off. The Company is also engaged in systems development business.