Tranche Update on FTGroup Co., Ltd.'s Equity Buyback Plan announced on August 10, 2023.
February 19, 2024 at 01:00 am EST
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From January 1, 2024 to February 16, 2024, the company has repurchased 119,000 shares, representing 0.39% for ¥148.33 million. With this, the company has completed the repurchase of 400,900 shares, representing 1.32% for ¥499.91 million under the buyback announced on August 10, 2023.
FTGroup CO.,LTD. is a Japan-based company mainly engaged in the corporate business and consumer business. The Company has two business segments. The Corporate segment is engaged in the sale, construction and maintenance of environment related products such as light emitting diode (LED) lighting products, air conditioning equipment and water saving equipment, information and communication equipment such as office automation (OA) equipment, business phones, file servers and integrated threat management (UTM) equipment, the provision of Internet services and power services for corporations, as well as the sale, construction and maintenance of environment related products such as LED lighting and air conditioning equipment in the Association of Southeast Asian Nations (ASEAN). The Consumer segment is engaged in the provision of Internet services, the sale of mobile terminals, and the sale and construction of solar power generation equipment and storage batteries for individual customers.