Tranche Update on Trancom Co., Ltd.'s Equity Buyback Plan announced on April 27, 2022.
October 03, 2022 at 09:00 pm EDT
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From July 1, 2022 to September 30, 2022, the company has repurchased 70,700 shares, representing 0.73% for ¥532.73 million. With this, the company has completed the repurchase of 174,200 shares, representing 1.79% for ¥1,205.15 million under the buyback announced on April 27, 2022.
TRANCOM CO., LTD. is a Japan-based company mainly engaged in the provision of logistics business of client companies and the construction and operation of logistics network. The Company operates through three business segments. The Logistics Management business is engaged in the lump-sum commissioning of logistics functions of client companies and the operation of distribution centers. The Logistics Information Service business is engaged in the provision of empty vehicle information and cargo-requesting matching information and trunk transportation. The Industrial Support business is engaged in the provision of production contracting and temporary staffing services. The Company is also engaged in vehicle maintenance and non-life insurance agency, truck leasing and maintenance management, production contracting, overseas logistics and information system development.