Dentsu Group Announces the Status of Acquisition of Own Shares
Dec 1, 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)
Dentsu Group Inc. (Tokyo: 4324; ISIN: JP3551520004; President & CEO: Toshihiro Yamamoto; Head Office: Tokyo; Capital: 74,609.81 million yen) today announced the status of acquisition of the Company’s own shares carried out in accordance with Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 of the Act.
The details are as follows.
| Class of shares acquired: | Common stock of the Company |
| Number of shares acquired: | 1,109,300 shares |
| Acquisition cost: | 4,453,422,500 yen (excluding brokerage commissions) |
| Acquisition period: | From November 1, 2021 to November 30, 2021 (contract date basis) |
| Method of acquisition: | Market purchase on the Tokyo Stock Exchange through a discretionary trading authorization agreement |
Reference 1: Details of the resolution made at the Board of Directors Meeting held on February 15, 2021
| 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 |
| 5. Method of acquisition: | Market purchase on the Tokyo Stock Exchange Through a discretionary trading authorization agreement (planned) |
Reference 2: Cumulative total of shares acquired after the date of the above-mentioned resolution of the Board of Directors (as of November 30, 2021)
| Total number of shares acquired: | 6,983,000 shares |
| Total acquisition cost: | 28,106,650,921 yen (excluding brokerage commissions) |
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For Additional Inquiries
| Tokyo | London | |
|---|---|---|
| Media – Please contact Corporate Communications: |
Shusaku Kannan: +81 3 6217 6602 s.kannan@dentsu.co.jp |
Dani Jordan: +44 7342 076 617 dani@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 |
