Hottolink, Inc. announces an Equity Buyback for 280,000 shares, representing 2.26% for ¥139.72 million.
October 18, 2016
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Hottolink, Inc. (TSE:3680) announces a share repurchase program. Under the program, the company will repurchase up to 280,000 shares, representing 2.26% of its outstanding shares, at a price of ¥499 per share for ¥139.72 million. Repurchases will be made through Off-auction Own Share Repurchase trading method on the Tokyo Stock Exchange. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of September 30, 2016, the company had 12,406,600 shares outstanding and 0 shares in treasury.
Hotto Link Inc. is engaged in the provision of cloud service (social cloud service business) to support the use of social big data. The Company operates through two business segments. The Software as a Service (SaaS) segment provides e-mining, Review @ manager series. The Solution segment is engaged in the data sales, provision of analytic engines, and sale of Illustrated Chinese trend Express. In Other segment, the main products are data center usage fee and service usage fee for ringing and ringing tone.
HOTTOLINK, INC. 
