Live Breaking News & Updates on Stock Exchange First Section
Stay updated with breaking news from Stock exchange first section. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Japan Post Group and Rakuten Group Business Alliance: Progress Update Japan Post Holdings Co., Ltd., (Headquarters: 2-3-1 Otemachi, Chiyoda-ku, Tokyo. President: Masuda Hiroya, hereinafter Japan Post Holdings ) , Japan Post Co., Ltd. (Headquarters: 2-3-1 Otemachi, Chiyoda-ku, Tokyo. Representative: Kazuhide Kinugawa, hereinafter Japan Post ) and Rakuten Group, Inc. (hereinafter Rakuten ) today shared a progress update regarding the business alliance agreement announced on March 12, 2021, between Japan Post Holdings, Japan Post and Rakuten. 1. Business alliance overview Logistics Creation of shared delivery and pick-up centers Collaborations and initiatives between Japan Post and Rakuten to expand usage of Rakuten Fulfillment Centers and Japan Post s Yu-Pack parcels ....
(Reference) 1. Details of the resolution to purchase the Company s own shares ratified at the Board of Directors meeting held on November 10, 2020 (1) Class of shares to be purchased Common stock of the Company (2) Total number of shares to be purchased 18,000 thousand shares (maximum) (9.32% of total shares issued and outstanding (excluding treasury stock)) (3) Total amount of purchase cost 10 billion yen (maximum) (4) Period of purchase From November 16, 2020 to November 15, 2021 2. Cumulative number of own shares purchased in accordance with the aforementioned resolution up to February 28, 2021 (1) Total number of shared purchased 5,531,200 shares (2) Total amount of purchase cost 4,059,028,700 yen Attachments ....