Tranche Update on Open House Co., Ltd.'s Equity Buyback Plan announced on November 20, 2018.
January 07, 2019 at 01:30 am
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From November 20, 2018 to December 31, 2018, the company has repurchased 261,600 shares, representing 0.47% for ¥1,003 million. With this, the company has completed the repurchase of 261,600 shares, representing 0.47% for ¥1,003 million under the buyback announced on November 20, 2018.
Open House Group Co Ltd, formerly Open House Co Ltd, is a Japan-based company primarily engaged in the real estate related business. The Company operates through five business segments. The Detached House-Related Business segment engages in brokerage (Open House), detached house sales (Open House Development), detached house subdivision (Hawk One), and construction contracting (Open House Architect). The Condominium Business segment develops and sells new condominiums. The Income-Producing Real Estate Business segment acquires, manages, and sells income-producing real estate in Japan. The Others segment is engaged in the U.S. real estate business, including sales, consulting, property management, and financial services related to U.S. real estate. The Pleasant Corporation segment plans, develops and sells mainly studio and family condominiums.