Dentsu Group announces the status of acquisition of own shares
Mar 1, 2022
- 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: Hiroshi Igarashi; 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: | 0 shares |
Acquisition cost: | 0 yen (excluding brokerage commissions) |
Acquisition period: | From February 15, 2022 to February 28, 2022 (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 14, 2022
1. Class of shares to be acquired: | Common stock of the Company |
2. Total number of shares that may be acquired: | 20,000,000 (maximum) shares (7.30% of the total number of shares issued (excluding treasury stock)) |
3. Total acquisition cost: | 40 billion yen (maximum) |
4. Acquisition period: | From February 15, 2022 to December 23, 2022 |
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 February 28, 2022)
Total number of shares acquired: | 0 shares |
Total acquisition cost: | 0 yen (excluding brokerage commissions) |
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For Additional Inquiries
Tokyo | London | |
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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 |