CDG Co., Ltd. announces an Equity Buyback for 300,000 shares, representing 5.11% for ¥557.7 million.
November 09, 2017 at 02:30 am EST
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CDG Co., Ltd. (TSE:2487) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 5.11% of the outstanding shares, at ¥1,859 per share for ¥577.7 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of September 30, 2017, the company had 5,875,544 shares outstanding and 364,456 shares in treasury.
CDG Co., Ltd. is primarily engaged in provision of sales promotion goods, and marketing services such as planning, proposal, operation of sales promotion through Internet advertisement. Along with its subsidiaries, the Company is engaged in manufacture and sale of pocket tissues as sales promotion goods, development and sales support of local special products, as well as sales promotion business in North America.
CDG CO., LTD. 
