Tranche Update on Media Kobo, Inc.'s Equity Buyback Plan announced on April 17, 2017.
May 19, 2017 at 08:40 am
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From April 17, 2017 to May 18, 2017, the company has repurchased 470,000 shares, representing 4.35% for ¥279.97 million. With this, the company has completed the repurchase of 470,000 shares, representing 4.35% for ¥279.97 million under the buyback announced on April 17, 2017.
Media Kobo Inc is a Japan-based company mainly engaged in digital contents business. The Company operates through four business segments. Digital Contents segment is a one-to-n service business that plans, produces, and distributes fortune-telling appraisals and article content aimed at women for its own Website, Internet service provider (ISP), mobile carriers, and platforms such as Apple and Google. One to One segment is a one-to-one service business that features two-way communication that connects users and fortune tellers directly by phone. XR segment plans and produces services that utilize real-time live-action stereoscopic video shooting technology. SNS segment is engaged in the operation and service planning of social platforms.