Tranche Update on Loginet Japan Co., Ltd.'s Equity Buyback Plan announced on February 5, 2024.
February 05, 2024 at 08:30 pm EST
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From February 5, 2024 to February 6, 2024, the company has repurchased 291,500 shares, representing 5.07% for ¥899.28 million. With this, the company has completed the repurchase of 291,500 shares, representing 5.07% for ¥899.28 million under the buyback announced on February 5, 2024.
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.