EXEO Group, Inc. announces an Equity Buyback for 2,400,000 shares, representing 1.16% for ¥3,000 million.
Published on 2025-05-09 at 12:00
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EXEO Group, Inc. (TSE:1951) announces a share repurchase program. Under the program, the company will repurchase 2,400,000 shares, representing 1.16% of its share capital (excluding treasury shares), for ¥3,000 million. The purpose of the program is to enhance shareholders?
return by facilitating flexible implementation of capital policy and enhancing capital efficiency. The program will run until March 31, 2026. As of April 30, 2025, the company had 206,281,438 shares outstanding (excluding treasury shares) and 2,343,400 shares in treasury.
EXEO Group Inc, formerly Kyowa Exeo Corp, is mainly engaged in the engineering solution business and the system solution business. It consists of four business segments: Kyowa Exeo Group, C Cube Group, Seibu Denki Group and Nippon Dentsu Group. The segments are mainly engaged in the construction of equipment and urban infrastructure for communication carriers, network integration, and system integration, centering on their respective construction areas. The engineering solution business includes communication carriers that build and maintain communication infrastructure equipment, and urban infrastructure that builds and maintains various communication infrastructure equipment for local governments, government agencies, railway companies, private companies and others. The system solution business builds systems and provides system integration for various companies such as telecommunications carriers, finance and manufacturing. The Company also operates pipe work business.
