Tranche Update on Kpp Group Holdings Co., Ltd.'s Equity Buyback Plan announced on November 14, 2023.
March 25, 2024 at 11:30 am IST
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From January 1, 2024 to March 22, 2024, the company has repurchased 1,987,500 shares, representing 2.81% for ¥1,368.08 million. With this, the company has completed the repurchase of 3,000,000 shares, representing 4.22% for ¥2,072.42 million under the buyback announced on November 14, 2023.
KPP Group Holdings Co Ltd is a Japan-based company mainly engaged in the sale of purchased paper domestically and overseas, as well as real estate rental business, and paper product processing business. The Company operates in four segments. The Northeast Asia segment sells paper, paperboard, pulp/waste paper, and other paper-related materials in Japan, China, Taiwan, Hong Kong, and South Korea. The Europe/South America segment sells paper, paperboard, and other paper-related materials in France, the United Kingdom, Germany, Switzerland, and Chile. The Asia Pacific segment sells paper, paperboard, pulp/waste paper, and other paper-related materials in Australia, New Zealand, and Singapore. The Real Estate Rental segment rents real estate in Japan.