Loginet Japan Co., Ltd. announces an Equity Buyback for 42 shares, for ¥0.07 million.
November 13, 2017 at 01:20 am EST
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Loginet Japan Co., Ltd. (SPSE:9027) announces a share repurchase program. Under the program, the company will repurchase up to 42 shares for ¥0.07 million. The company will repurchase its shares in order to process the fractional shares resulting from a reverse share-split.
LOGINET JAPAN CO., LTD. is a Japan-based holding company mainly engaged in the freight transportation business. The Company operates in three business segments. The Sapporo Express Group segment is engaged in the transportation business, including cargo automobile transportation, railway transportation and air freight transportation, and the provision of warehousing and moving services; the merchandising business, including the sale of vehicles, office equipment and diesel oil, as well as other businesses, including tourism, nonlife insurance agency, real estate leasing and car repairing businesses. The Central Express Group segment is engaged in the cargo automobile transportation, railway transportation, as well as the eco-business. The Loginet Japan West Japan Group segment is engaged in the cargo automobile transportation and warehousing business. The others business mainly involves in the real estate leasing business and drinking water sale business.