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Dentsu Announces Share Repurchase

  • Investor Relations

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February 14, 2017

(Share repurchase pursuant to the Company's Articles of Incorporation in accordance with the provisions of Article 165, Paragraph 2 of the Companies Act)

Dentsu Inc. (Tokyo: 4324; ISIN: JP3551520004; President & CEO: Toshihiro Yamamoto; Head Office: Tokyo; Capital: 74,609.81 million yen) today convened a meeting of its Board of Directors at its Head Office in Tokyo at which it resolved to authorize a share repurchase pursuant to the Company's Articles of Incorporation 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.

1. Reason for Share Repurchase
To deliver shareholder value and to further improve capital efficiency

2. Details of Matters Related to the Share Repurchase
Class of shares to be repurchased : Common stock of the Company
Total number of shares to be repurchased : 5,000,000 (maximum)
(1.75% of the total number of shares issued [excluding treasury stock] )
Total repurchase cost : 20 billion yen (maximum)
Repurchase period : From February 20, 2017 to May 31, 2017
Method of repurchase : Open market purchase on the Tokyo Stock Exchange

For Reference
Treasury stock held as of December 31, 2016
Total number of shares issued (excluding treasury stock) : 285,136,741 shares
Number of treasury stock shares :   3,273,259 shares        


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