Tranche Update on Huuuge, Inc.'s Equity Buyback Plan announced on February 15, 2023.
July 03, 2023 at 11:00 pm IST
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From February 15, 2023 to June 29, 2023, the company has repurchased 17,121,919 shares, representing 21.62% for $150 million. With this, the company has completed the repurchase of 17,121,919 shares, representing 21.62% for $150 million under the buyback announced on February 15, 2023.
Huuuge, Inc. is engaged in holding activities. The Company is engaged in the development of mobile games in the free-to-play model, distribution, and user acquisition of its own mobile games. The Companyâs products include Huuuge Casino, Billionaire Casino, and Traffic Puzzle. Huuuge Casino offers players over 100 casino slot machines, as well as card games and roulette. Billionaire Casino offers players casino slot machines, as well as card games and roulette. Traffic Puzzle offers different levels in which players assist vehicles such as the police, fire trucks and ambulances to reach their destinations. The Company has operations in the United States, Germany, United Kingdom, Canada, Japan, France, Netherlands, Australia, Poland, Switzerland, Taiwan, Italy, South Africa, Spain, Austria and others. The Companyâs subsidiaries include Huuuge Games Sp. z o.o., Huuuge Global Ltd, Huuuge Publishing Ltd, Huuuge Block Ltd, Double Star Oy, Huuuge UK Ltd and Huuuge Digital Ltd.