Denkyosha Co.,Ltd. announces an Equity Buyback for 77 shares.
October 23, 2016
Share
Denkyosha Co.,Ltd. (TSE:8144) announces a share repurchase program. Under the program, the company will repurchase up to 77 shares, using the closing price of its common shares in Tokyo Stock Exchange on the date of purchase (October 24, 2016). The company is repurchasing its shares following a reverse share-split, based on the resolution of the 68th ordinary general of shareholders last June 29, 2016.
Denkyo Group Holdings Co Ltd is a Japan-based company mainly engaged in the wholesale of electrical goods and household goods. The Company operates through two business segments. The Electric Goods Wholesale Business segment is engaged in the sale of electrical products purchased from makers to retailers including the electronics retail stores, home centers and general merchandise stores. The segment is also engaged in the planning and manufacture of home appliances overseas, as well as the sale of products to domestic wholesalers and retailers. The Household Goods Wholesale Business segment is involved in the sale of household products to retailers including the electronics retail stores, home centers and general merchandise stores. The Company is also engaged in the electronic components sales business, home appliances repair and logistics delivery business, electrical-related systemization business and real estate management business.
DENKYO GROUP HOLDINGS CO.,LTD. 
