Good Life Company,Inc. announces an Equity Buyback for 30,000 shares, representing 0.71% for ¥25.35 million.
June 15, 2020 at 01:00 pm IST
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Good Life Company,Inc. (JASDAQ:2970) announces a share repurchase program. Under the program, the company will repurchase 30,000 shares, representing 0.71% of its share capital, at ¥845 per share for ¥25.35 million. The company will repurchase its shares in order to improve capital efficiency and enable the implementation of a flexible capital policy in response to changes in the business environment. As of May 31, 2020, the company had 4,212,414 shares outstanding (excluding treasury shares) and 486 shares in treasury.
GOOD LIFE COMPANY, INC. is a Japan-based company engaged in real estate investment management business that provides one stop service from site purchase, planning, design, construction, rental brokerage, leasing management, and sale of a newly built rental apartment for investment. The asset management provides asset formation consulting services to support acquisition of rental apartments and sales consulting services to support real estate sales after acquiring rental condominiums. The group provides asset formation consulting services to the owner who considers asset formation and operation to support the acquisition of rental apartments in total. Regarding sales consulting services, the Company grasps the owner's asset portfolio and advises the sale of real estate held according to the management condition of the property held and the real estate market situation. In the property management business, the Company provides rent intermediation services and leasing management services.
GOOD LIFE COMPANY,INC. 
