Tranche Update on Advan Group Co., Ltd.'s Equity Buyback Plan announced on February 9, 2024.
April 23, 2024 at 06:10 am EDT
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From April 1, 2024 to April 23, 2024, the company has repurchased 220,800 shares, representing 0.61% for ¥229.3 million. With this, the company has completed the repurchase of 1,000,000 shares, representing 2.72% for ¥1,165.64 million under the buyback announced on February 9, 2024.
Advan Group Co Ltd, formerly Advan Co Ltd, is a Japan-based company mainly engaged in the import and sale of building finishing materials. The Company operates in three business segments. The Construction Materials Related segment is engaged in the import and sale of construction materials such as stones, tiles, housing-related products, fireplaces and stoves, faucets, system kitchens and other building materials, as well as the related construction works. The Real Estate Leasing segment is engaged in the leasing and management of distribution centers and other real estates. The Others segment is engaged in the wholesale of imported bricks, pots and other gardening-related products, as well as the logistics management business.