Tranche Update on Escrow Agent Japan, Inc.'s Equity Buyback Plan announced on April 9, 2019.
June 27, 2019 at 04:45 am EDT
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From June 1, 2019 to June 21, 2019, the company has repurchased 239,100 shares, representing 0.57% for ¥63.3 million. With this, the company has completed the repurchase of 1,220,400 shares, representing 2.89% for ¥353.09 million under the buyback announced on April 9, 2019.
Escrow Agent Japan, Inc. manages the administrative affairs between the sales contracting and the transaction settlement in the real estate transaction. The The company provides various services to financial institutions, judicial scrivener and real estate and construction companies, to improve the rationalization and efficiency of administrative work and the reliability of affairs. The Company operates in three segments. The Escrow Service segment provides systems and information technology (IT) service, building complete and delivery support service, as well as escrow accounts. The Business Process Outsourcing (BPO) segment provides property investigation, support service for execution of loan agreement, as well as manpower dispatching service. The Real Estate Auction segment provides real estate investigation, transaction price determination using real estate auction system, trust account for risk avoidance.