DENTSU GROUP INC.
Group Corporate Communications Office 1-8-1, Higashi-shimbashi, Minato-ku, Tokyo 105-7050, Japanhttps://www.group.dentsu.com/en/
FOR IMMEDIATE RELEASE
April 1, 2022
Dentsu Group announces the status of acquisition of own shares
(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: | 1,578,300 shares |
Acquisition cost: | 6,950,746,996 yen |
(excluding brokerage commissions) | |
Acquisition period: | From March 1, 2022 to March 31, 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 | 20,000,000 (maximum) shares |
be acquired: | (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 March 31, 2022)
Total number of shares acquired: Total acquisition cost:
1,578,300 shares 6,950,746,996 yen
(excluding brokerage commissions)
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For Additional Inquiries
Tokyo | London | |
Media - Please contact Corporate Communications: | Shusaku Kannan: +81 3 6217 6602s.kannan@dentsu.co.jp | Dani Jordan +44 7342 076 617dani@dentsu.com |
Investors & analysts - Please contact Investor Relations: | Yoshihisa Okamoto: +81 3 6217 6613yoshihisa.okamoto@dentsu.co.jp | Kate Stewart: +44 7900 191 093kate.stewart@dentsu.com |
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Dentsu Group Inc. published this content on 01 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2022 06:52:07 UTC.