Fringe81 Co, Ltd. announces an Equity Buyback for 37,000 shares, representing 0.37% for ¥29.82 million.
February 19, 2020 at 01:00 pm IST
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Fringe81 Co, Ltd. (TSE:6550) announces a share repurchase program. Under the program, the company will repurchase 37,000 shares, representing 0.37% of its share capital, at ¥806 per share for ¥29.82 million. The company will repurchase its shares in order to approve certain restricted transferable shares to be issued to its employees. As of January 31, 2020, the company had 9,868,000 shares outstanding (excluding treasury shares) and 174 shares in treasury.
Unipos Inc, formerly Fringe81 Co Ltd, is a Japan-based company mainly engaged in the development and consultation of Internet advertising technology, as well as the provision of Website services mainly in human resources (HR) tech fields. The advertising business includes advertising agency service, media growth service and solution service. The advertising agency service is involved in the sale of Internet advertisements. The media growth service is involved in the provision of planning, development and operation of advertising goods for smartphone media including applications. The solution service is involved in the provision of advertising strategyâs decision-making support products for advertisers who receive Internet advertising. The Unipos business is involved in the provision of a service named Unipos for mutual evaluation and praise.