ASIRO Inc. announces an Equity Buyback for 165,000 shares, representing 2.42% for ¥100 million.
December 23, 2021 at 11:30 am IST
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ASIRO Inc. (TSE:7378) announces a share repurchase program. Under the program, the company will repurchase up to 165,000 shares of common stock, representing 2.42% of its issued capital for ¥100 million. The purpose of the program is to enhance shareholder return and to improve capital efficiency. The share repurchase program is valid until February 28, 2022. As of October 31, 2021, the company had 6,829,000 shares outstanding excluding treasury shares.
Asiro Inc is a Japan-based company mainly engaged in the operation of legal media sites for lawyer industry. The Company operates through two business segments. Legal Media-related Business segment is classified into legal media, which provides marketing support services to lawyers, and derivative media, which provides marketing support services to advertisers other than lawyers. Legal media includes divorce, traffic accident, inheritance, labor problem, criminal case, debt collection, debt consolidation, information technology (IT), and corporate legal lawyer navigations. Other derivative media include Carism, a career change agent media site, Uwaki Investigation Navigation, a field-specific detective media site, and Hitosagashi, a field-specific detective media site. The Legal Human Resources (HR) Business segment is engaged in the provision of job change support services for qualified lawyers, and operation of a specialized job change site NO-LIMIT for lawyers.
ASIRO INC. 
