Tranche Update on EXEO Group, Inc.'s Equity Buyback Plan announced on May 13, 2022.
January 17, 2023 at 12:30 pm IST
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From January 1, 2023 to January 13, 2023, the company has repurchased 142,200 shares, representing 0.13% for ¥316.41 million. With this, the company has completed the repurchase of 1,853,600 shares, representing 1.7% for ¥3,999.86 million under the buyback announced on May 13, 2022.
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.