Tranche Update on LOCONDO, Inc.'s Equity Buyback Plan announced on July 29, 2021.
July 30, 2021 at 04:30 am EDT
Share
From July 29, 2021 to July 30, 2021, the company has repurchased 100,000 shares, representing 0.88% for ¥142.61 million. With this, the company has completed the repurchase of 100,000 shares, representing 0.88% for ¥142.61 million under the buyback announced on July 29, 2021.
Jade Group Inc is a Japan-based company mainly engaged in the sale, planning and purchasing of fashion related products, mainly shoes. The electronic commerce (EC) business allows general consumers to purchase products of each brand through LOCOMALL, which is operated at shopping mall sites LOCONDO.jp, Rakuten Ichiba and Yahoo! Shopping. The platform business is engaged in the provision of EC system and logistics services, e-3PL service for logistics warehouse operations, LOCOCHOC service for stores, LOCOPOS service for sales and inventory management. The brand business operates its own brand using the infrastructure of the EC business and the platform business. The main brands include MANGO, Vanity Beauty and Bell Florrie.