Tranche Update on Jimoty, Inc.'s Equity Buyback Plan announced on May 14, 2021.
May 16, 2021 at 09:45 pm EDT
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From May 14, 2021 to May 17, 2021, the company has repurchased 429,300 shares, representing 7.37% for ¥799.79 million. With this, the company has completed the repurchase of 429,300 shares, representing 7.37% for ¥799.79 million under the buyback announced on May 14, 2021.
Jimoty, Inc. is a Japan-based company mainly engaged in the classified site operation business. The Company is engaged in the operation of a platform Jimoty that provides local information. The platform categorizes regional information from all over Japan by purpose, such as buying and selling goods, asking for help, recruiting members, renting and selling real estate, buying and selling used cars, recruiting full-time and part-time employees, various business advertising, events and others. The platform provides matching opportunities between users, and develops a customer support system through checking all submitted contents, drawing users' attention to offending users, taking measures to suspend use and others. The platform is also provides network advertising services such as automatic distribution, and marketing support services.
JIMOTY, INC. 
