Tranche Update on JADE GROUP,Inc's Equity Buyback Plan announced on April 14, 2023.
October 16, 2023 at 11:00 pm
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From June 1, 2023 to August 31, 2023, the company has repurchased 109,300 shares, representing 0.99% for ¥177.88 million. With this, the company has completed the repurchase of 233,400 shares, representing 2.11% for ¥400.86 million under the buyback announced on April 14, 2023.
Jade Group Inc is a Japan-based company mainly engaged in the sale, planning and purchasing of fashion related products, mainly shoes. The electronic commerce (EC) business allows general consumers to purchase products of each brand through LOCOMALL, which is operated at shopping mall sites LOCONDO.jp, Rakuten Ichiba and Yahoo! Shopping. The platform business is engaged in the provision of EC system and logistics services, e-3PL service for logistics warehouse operations, LOCOCHOC service for stores, LOCOPOS service for sales and inventory management. The brand business operates its own brand using the infrastructure of the EC business and the platform business. The main brands include MANGO, Vanity Beauty and Bell Florrie.
JADE GROUP,INC 