Tranche Update on Cyberlinks Co., Ltd.'s Equity Buyback Plan announced on May 21, 2021.
September 01, 2021 at 12:00 pm IST
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From July 1, 2021 to August 31, 2021, the company has repurchased 133,900 shares, representing 1.29% for ¥196.64 million. With this, the company has completed the repurchase of 196,300 shares, representing 1.9% for ¥299.89 million under the buyback announced on May 21, 2021.
CYBERLINKS CO.,LTD. is principally engaged in the provision of cloud services. The Company provides cloud services to reduce information technology (IT) costs and support operation efficiency through two business segments. IT Cloud segment focuses on the provision of mission-critical systems for food distributors and government offices. This segment provides a variety of cloud services, including the development, implementation, maintenance and operational support of systems. Mobile Network segment focuses on the sale of mobile communications equipment in stores. This segment mainly sells smart phones, mobile phones and data cards to corporate and individual customers, and provides fee consulting, repair and maintenance services to its customers. On August 1, 2014, it completed acquisition of softwares regarding POS data analysis, SEIL MD-Pro, SEIL LSP, SEIL Navi, SEIL MD Go! and SEIL Shopperâs Sight (SEIL ID-LINK) from a Japan-based company and started new SEIL Series services.