Rakuten Inc. on Dec. 1 said it repurchased 3,901,000 of its common stock from Nov. 1 to Nov. 30.
The shares were repurchased on the Tokyo Stock Exchange for about ¥4.5 billion.
The buyback forms part of the share repurchase plan Rakuten announced Feb. 21.
The company has repurchased 78,930,300 shares under the program for a total consideration of ¥96.68 billion.
As of Dec. 1, US$1 was equivalent to 112.86 Japanese yen.
