Tranche Update on Asahi Net, Inc.'s Equity Buyback Plan announced on May 9, 2024.
May 09, 2024 at 10:00 pm EDT
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From May 9, 2024 to May 10, 2024, the company has repurchased 950,000 shares, representing 3.42% for ¥606.1 million. With this, the company has completed the repurchase of 950,000 shares, representing 3.42% for ¥606.1 million under the buyback announced on May 9, 2024.
Asahi Net, Inc. is a Japan-based company mainly engaged in the provision of Internet connection services and Internet related services. The Internet connection service is engaged in the provision of a communication environment that allows interconnection with sites and networks, and various access lines for members to connect Internet. The supported lines include fiber to the home (FTTH), asymmetric digital subscriber line (ADSL), high speed mobile and Internet protocol version 6 (IPv6) roaming services. The Internet related services include value-added connection services such as mail services, security services, Internet protocol (IP) telephone services and fixed IP address services, hosting services such as homepage services and secure hosting services, cloud services such as blog services, educational support services, survey applications and groupware services, as well as broadband video services.