LIFULL Co.,Ltd. announces an Equity Buyback for 5,000,000 shares, representing 3.79% for ¥1,000 million.
November 09, 2022 at 04:00 am EST
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LIFULL Co.,Ltd. (TSE:2120) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 3.79% of its outstanding share capital for ¥1,000 million. The purpose of the program is to allow the company more flexibility in its capital policy when reacting to changes in its business environment in addition to enhancing returns for shareholders.
The program will continue through May 9, 2023. As of September 30, 2022, the company had 131,781,600 shares outstanding (excluding treasury shares) and 2,458,270 shares in treasury.
LIFULL Co., Ltd. is a Japan-based company mainly engaged in the provision of real estate related information services. The Company has two business segments. The HOMEâS Related segment is engaged in the operation of the real estate information Website LIFULL HOME'S, the advertising agency business, the system development and Web production business, the provision of customer relationship management (CRM) services for real estate companies, and data management platform (DMP) service for developers, as well as the Internet marketing business. The Overseas segment is engaged in the operation of the aggregation site Trovit and overseas real estate information sites. The Company is also engaged in the operation of a series of Websites for nursing facilities searching, insurance shops searching and reservation, moving estimate and reservation, rental storage space information searching, as well as the insurance agency business and other businesses.
LIFULL CO.,LTD. 
