Tranche Update on Premium Group Co., Ltd.'s Equity Buyback Plan announced on October 27, 2023.
April 01, 2024 at 02:00 am EDT
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From January 1, 2024 to March 29, 2024, the company has repurchased 449,300 shares, representing 1.18% for ¥811.72 million. With this, the company has completed the repurchase of 1,200,000 shares, representing 3.1% for ¥2,061.58 million under the buyback announced on October 27, 2023.
Premium Group Co., Ltd. is a Japan-based company mainly engaged in the credit related business. The Company provides four types of businesses. The auto credit business is engaged in the provision of sale activities specialized for used auto suppliers. The Company sends or receives documents by post when using auto credits, for the purpose of improving business efficiency. The warranty business is engaged in the provision of repair free service when cars break down within the scope of warranty. It also provides prime warranty, car sensors after-sales guarantee and other automotive warranty products. The maintenance business is developed for the purpose of in-housing business of automobile repair work that occurs in the warranty business. The other business is engaged in the operation of finance and warranty business related to automobile sales on abroad.