FTGroup Co., Ltd. announces an Increase in Equity Buyback.
November 17, 2022
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On November 18, 2022, the company announced an increase in its equity buyback plan. The company increased its authority by 350,000 shares and ¥300 million, thereby bringing the total authorization to 600,000 shares, representing 1.95% of its issued share capital, for ¥600 million. The company extended its plan till February 28, 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.
FTGROUP CO., LTD. 
