BEENOS : Notification of Status of Share Repurchase
January 04, 2022 at 06:29 am
Share
This is a translation of the original Japanese release. The Japanese text shall prevail in case of any variance between this version and the Japanese text.
Company
BEENOS Inc.
President and Group CEO
Shota Naoi
Tokyo Stock Exchange First Section Code: 3328
Contact
Vice President and Group CFO
Koji Nakamura
TEL
+81-3-6859-3328
Notification of Status of Share Repurchase
(Share repurchase pursuant to the Company's Article of Incorporation in accordance with the
provisions of Article 165, Paragraph 2 of Companies Act)
Tokyo, Japan - 4 January 2022 - BEENOS Inc. (BEENOS) announced the status of its share repurchase in accordance with Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 of the Act as resolved in its board meeting held on 29 November 2021.
1. Status of Share Repurchase
(1)
Class of shares to be
Common stock
repurchased
(2)
Total number of shares
122,900 shares
repurchased
(3)
Total repurchase cost
322,083,200 JPY
(4)
Repurchase period
1 December 2021 to 31 December 2021
(5)
Method for Repurchase
From the open market via the Tokyo Stock Exchange
(Reference)
1. Details of Matters Related to the Share Repurchase resolved on 29 November 2021
(1)
Class of shares to be
Common stock
repurchased
(2)
Total number of shares
200,000 shares
to be repurchased
(1.6% of the total number of shares issued [excluding treasury stock])
※Treasury stock does not include shares held by the "BEENOS ESOP Trust Fund"
(3)
Total repurchase cost
500,000,000 JPY
(4)
Repurchase period
30 November 2021 to 31 January 2022
2. Current Cumulative Number of Shares Repurchased (as of 31 December 2021)
(1)
Total number of shares
132,900 shares
repurchased
(2)
Total repurchase cost
350,161,300 JPY
-END-
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Disclaimer
Beenos Inc. published this content on 04 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 January 2022 06:28:17 UTC.
BEENOS Inc, formerly netprice.com, Ltd., mainly operates mail-order sales business. It has two segments. The E-commerce segment operates business through three business divisions. The Gathering division is engaged in the mail-order sales through personal computers (PCs), cell phones and smart phones. The Value Cycle division is involved in the purchase, maintenance and sale of secondhand brand-name products, watches, accessories and others. The Cross Boarder division is engaged provision of services making overseas products available for purchase for Japanese clients. The Incubation segment is involved in the provision of Japan products overseas forwarding services, the production of talent licensed products, and the marketing and promotion business focusing on smart phones.
BEENOS INC. 
