Dentsu : Announces the Status of Acquisition of Own Shares
December 01, 2021 at 01:41 am EST
Share
(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)
Kate Stewart:
+44 7900 191 093
kate.stewart@dentsu.com
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Dentsu Group Inc. published this content on 01 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2021 06:40:06 UTC.
Dentsu is one of the Japanese largest communication groups. The group's activity is organized around two sectors:
- design and implementation of advertising campaigns. The group is also proposing integrated communication services (direct marketing, interactive marketing, public relation services, etc.);
- other: primarily IT services.
DENTSU INC. 
