Tranche Update on Goodspeed. Co., Ltd.'s Equity Buyback Plan announced on May 13, 2020.
June 05, 2020 at 04:30 am EDT
Share
From May 13, 2020 to June 5, 2020, the company has repurchased 69,200 shares, representing 1.51% for ¥69.37 million. With this, the company has completed the repurchase of 69,200 shares, representing 1.51% for ¥69.37 million under the buyback announced on May 13, 2020.
Good Speed Co Ltd is a Japan-based company principally involved in the sale of used cars and motorcycles, automobile sales, and related businesses. The Company provides used car sales, car purchasing, maintenance and body repair, insurance agency, rental car, and gas station services. The used car sales business operates MEGA specialty stores for used cars, domestic car specialty stores, and imported car specialty stores. The car acquisition business acquires cars through batch acquisition assessment sites operated by multiple companies. The maintenance and sheet metal business provides services such as the maintenance of sold cars and car inspections. Insurance agency business provides agency service of general insurance companies. The car rental business provides vehicle rental services.