Logly,Inc. announces an Equity Buyback for 50,000 shares, representing 1.35% for ¥50 million.
August 17, 2021 at 02:30 am EDT
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logly,Inc. (TSE:6579) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 1.35% of its share capital, for ¥50 million. The company will repurchase its shares in order to implement agile capital policies in response to changes in the business environment, improve capital efficiency, and return profits to shareholders. The program will run until September 30, 2021. As of June 30, 2021, the company had 3,702,240 shares outstanding (excluding treasury shares) and 100,360 shares in treasury.
LOGLY Inc is a Japan-based company mainly engaged in operation of native advertising platform named LOGLY lift. The Company is engaged in the provision of advertising within an advertising network using the native advertising platform LOGLY lift. The Company is engaged in the provision of service that creates a network to distribute advertisements to the websites of multiple media companies and accepts orders for advertisements. The main customers are mainly advertisers including advertising agencies and media companies, as well as the person who uses a computer or smartphone to view or click on an advertisement distributed using LOGLY lift on the Internet.
LOGLY,INC. 
