Tranche Update on Advan Group Co., Ltd.'s Equity Buyback Plan announced on February 9, 2024.
April 02, 2024 at 12:30 pm IST
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From February 9, 2024 to March 31, 2024, the company has repurchased 779,200 shares, representing 2.11% for ¥936.34 million. With this, the company has completed the repurchase of 779,200 shares, representing 2.11% for ¥936.34 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.