User Local, Inc. announces an Equity Buyback for 30,000 shares, representing 0.81% for ¥150 million.
May 13, 2019 at 02:00 am EDT
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User Local, Inc. (TSE:3984) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 0.81% of its share capital, for ¥150 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, improve capital efficiency, and aim for shareholder returns. The share repurchase program will run until June 21, 2019. As of April 30, 2019, the company had 3,715,241 shares outstanding (excluding treasury shares) and 1,059 shares in treasury.
User Local, Inc. is a Japan-based company mainly engaged in the data cloud business. The Company is engaged in the provision of platform for collecting, analyzing, and utilizing digital information. It provides four kinds of services. User Insight is a Web analytics product that measures the user experience. Social Insight is a management and analysis product for companies that supports social media operations. It provides insights based on the results of analyzing domestic social network service (SNS) user accounts, corporate accounts, post data, photos, video data, and supports their use in social marketing. Media Insight is an article content analysis product specializing in the operation of websites such as news sites. Support Chatbot is a support operation support system utilizing artificial intelligence.
USER LOCAL, INC. 
