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DENTSU INC Announces Offering Price for Share Issuance and Sale of Treasury Stock

Monday, 22 Jul 2013 04:15am EDT 

DENTSU INC announced that it has decided on the issue price at JPY 3,191 per share (JPY 25,528,000,000 in total) and paid-in price at JPY 3,059.40 per share (JPY 24,475,200,000 in total), to issue 8,000,000 shares through public offering and paid-in price at JPY 3,059.40 per share (up to JPY 9,178,200,000 in total) to issue 3,000,000 shares through private placement, which was announced on July 3, 2013. The Company also decided on the offering price at JPY 3,191 per share (JPY 92,539,000,000 in total) and paid-in price of JPY 3,059.40 per share (JPY 88,722,600,000 in total) to sell 29,000,000 shares of its treasury stock. The proceeds will be used for repayment of short-term loan for JPY 20 billion for acquisition of Aegis Group plc. 

Company Quote

-40.0 -0.63%
9:12pm EDT