Tranche Update on Rentracks Co., Ltd.'s Equity Buyback Plan announced on August 22, 2016.
October 03, 2016
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From August 22, 2016 to September 30, 2016, the company has repurchased 60,000 shares, representing 0.77% for ¥34.6 million. With this, the company has completed the repurchase of 60,000 shares, representing 0.77% for ¥34.6 million under the buyback announced on August 22, 2016.
Rentracks CO.,LTD. is a Japan-based company principally engaged in Website consulting business and Internet media business. The Company operates in two business segments. Performance-Based Advertising Service segment operates the performance-based advertising service Rentracks mainly as an Internet advertising service for PCs and smartphones. The Segment adjusts performance fees between advertisers and advertising media, collects and manages payments for confirmed performance fees. Search-Linked Advertising Agency segment acts as an agency for search-linked advertising, selects and manages keywords and adjusts the advertising time. The Company is also involved in sales and brokerage business of used construction machinery, media planning and operation business, search engine optimization (SEO) business, personnel evaluation system and education & training business, electronic commerce (EC) business, as well as system development and overseas expansion business, among others.