Dentsu Group Announces Acquisition of Own Shares
Feb 15, 2021
- IR-Timely Disclosure
- Management
(Acquisition of the Company’s own shares pursuant to its Articles of Incorporation in accordance with the provisions of Article 165, Paragraph 2 of the Companies Act)
1. Reason for Acquisition of Own Shares
To implement a flexible capital policy in response to changes in the management environment as well as to return further profits to shareholders and further improve capital efficiency.
2. Details of Matters Related to the Acquisition
| 1. Class of shares to be acquired: | Common stock of the Company |
| 2. Total number of shares that may be acquired: | 15,000,000 (maximum) shares (5.32% of the total number of shares issued (excluding treasury stock)) |
| 3. Total acquisition cost: | 30 billion yen (maximum) |
| 4. Acquisition period: | From February 16, 2021 to December 23, 2021 Market purchase on the Tokyo Stock Exchange |
| 5. Method of acquisition: | Through a discretionary trading authorization agreement (planned) |
(For Reference)
Treasury stock held as of December 31, 2020:
- Total number of shares issued (excluding treasury stock): 281,714,181 shares
- Number of treasury stock shares: 6,695,819 shares
For Additional Inquiries
| Tokyo | London | |
|---|---|---|
| Media – Please contact Corporate Communications: |
Shusaku Kannan: +81 3 6217 6602 s.kannan@dentsu.co.jp |
Manus Wheeler: +44 20 7070 7785 manus@dentsu.com |
| Investors & analysts – Please contact Investor Relations: |
Yoshihisa Okamoto: +81 3 6217 6613 yoshihisa.okamoto@dentsu.co.jp |
Kate Stewart: +44 7900 191 093 kate.stewart@dentsu.com |
