Tranche Update on Trancom Co., Ltd.'s Equity Buyback Plan announced on April 26, 2023.
January 05, 2024 at 01:00 am EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 65,500 shares, representing 0.7% for ¥477.68 million. With this, the company has completed the repurchase of 220,300 shares, representing 2.33% for ¥1,533.65 million under the buyback announced on April 26, 2023.
TRANCOM CO., LTD. is a Japan-based company mainly engaged in the provision of logistics business of client companies and the construction and operation of logistics network. The Company operates through three business segments. The Logistics Management business is engaged in the lump-sum commissioning of logistics functions of client companies and the operation of distribution centers. The Logistics Information Service business is engaged in the provision of empty vehicle information and cargo-requesting matching information and trunk transportation. The Industrial Support business is engaged in the provision of production contracting and temporary staffing services. The Company is also engaged in vehicle maintenance and non-life insurance agency, truck leasing and maintenance management, production contracting, overseas logistics and information system development.