Tranche Update on Resorttrust, Inc.'s Equity Buyback Plan announced on June 29, 2021.
August 03, 2021 at 01:00 am EDT
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From July 1, 2021 to August 2, 2021, the company has repurchased 1,200,000 shares, representing 1.12% for ¥2,188.15 million. With this, the company has completed the repurchase of 1,200,000 shares, representing 1.12% for ¥2,188.15 million under the buyback announced on June 29, 2021.
Resorttrust Inc is a Japan-based company mainly involved in the construction and operation of membership hotels and golf courses, the sale of memberships, as well as medical businesses. The Company operates through three segments. The Membership segment is engaged in the development of membership hotels and the sale of various memberships. The Hotel Restaurant segment is mainly involved in the operation of restaurants and resort hotels under the names XIV, BAYCOURT CLUB, SUN MEMBERS and HOTEL TRUSTY, as well as the provision of hotel cleaning services, and on-life insurance agency services. The Medical segment is engaged in the sale and management of medical memberships, as well as the provision of medical consulting services. In addition, the Company is also engaged in real estate rental business and villa management business.