Firstlogic,Inc. announces an Equity Buyback for 400,000 shares, representing 3.53% for ¥200 million.
December 14, 2020 at 01:30 am EST
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Firstlogic,Inc. (TSE:6037) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 3.53% of its share capital, for ¥200 million. The company will repurchase its shares for stock price perspective and shareholder returns. The program will run until June 30, 2021. As of October 31, 2020, the company had 11,333,864 shares outstanding (excluding treasury shares) and 510,536 shares in treasury.
FIRSTLOGIC,INC. is a Japan-based company mainly engaged in the operation of real estate investment portal site named Rakumachi. The Company is engaged in the provision of information related to profitable real estate such as condominiums, apartments and detached houses mainly for individual real estate investors. The Company is involved in the provision of six services. The property listing service is involved in the provision of support service of responses from real estate investors. The proposal service is involved in the provision of introduction of real estate properties by e-mail via a Website to a specific member who wants to purchase a real estate company. The advertising service is involved in the sale of advertising space and seminar guides. The collective quote service is a service that enables members who wish to outsource to a renovation company to request a quote. The appraisal service is involved in the provision of request appraisal service to real estate company.
FIRSTLOGIC,INC. 
