Notice Concerning Repurchase of Own Shares and Repurchase of Own Shares through Off-Auction Own Share Repurchase Trading (ToSTNeT-3)
(Repurchase of own shares in accordance with the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act and
Repurchase of own shares through off-floor trading of own shares (ToSTNeT-3))
Ltd. announces that its Board of Directors, at a meeting held today (May 12, 2022), resolved to repurchase its own shares and the specific method of repurchase, pursuant to Article 156 of the Companies Act as applied pursuant to Article 165-3 of the same act, as follows
record
Reason for repurchase of treasury stock
To carry out flexible capital policies in response to changes in the business environment
2. method of acquisition
The purchase will be consigned at the closing price of 1,067 yen today (May 12, 2022) in the off-hours trading session of the Tokyo Stock Exchange (ToSTNeT-3) at 8:45 a.m. on May 13, 2022 (no change will be made to other trading systems or trading hours). (No change will be made to other trading systems or trading hours.) Such purchase orders will be placed only during the relevant trading hours.
3. Acquisition details
- (1) Type of shares to be acquired
- common stock
- (2) Total number of shares to be acquired
- 300,000 shares (maximum) (1.23% of the total number of shares issued (excluding treasury stock))
- (3) Total acquisition price of shares
- 320,100,000 yen
- (4) Publication of acquisition results
- The results of the acquisition will be announced after the close of trading at 8:45 a.m. on May 13, 2022.
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The number of such shares will not be changed. There is a possibility that some or all of the shares may not be acquired depending on market trends and other factors.
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The shares will be purchased with sell orders equivalent to the number of shares to be repurchased.
(Reference) Treasury stock holdings as of March 31, 2022
Total number of shares issued (excluding treasury stock): 24,489,641 shares
Treasury stock: 623,959 shares
