Tranche Update on AI,Inc.'s Equity Buyback Plan announced on November 18, 2019.
November 18, 2019 at 07:40 pm
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From November 18, 2019 to November 19, 2019, the company has repurchased 120,000 shares, representing 2.34% for ¥199.68 million. With this, the company has completed the repurchase of 120,000 shares, representing 2.34% for ¥199.68 million under the buyback announced on November 18, 2019.
AI,Inc. mainly engages in research and development of Japanese speech synthesis engines, sales and supporting of its products. The corporate products include AITalk and AITalk Internationa. The Company's main business model is the licensing business. It also engages in contract development of customer's original voice dictionary. The corporate services include cloud services and support services. Cloud services engage in development of voice synthesis service utilizing cloud environment and provision of service via the Internet. Support services provide technical support services to customers licensing corporate products. For consumer products, it engages in sales of packages that make it easy to create audio files.