Hanwa : Notice regarding Acquisition of the Company’s own shares
May 10, 2024 at 05:05 am
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Date: May 10, 2024
Contact:
Executive Officer
Yasuhiko Watanabe
Tel: +81-3-3544-2000
Notice regarding Acquisition of the Company's own shares
(Under the provisions of Articles of Incorporation pursuant to
Article 165 (2) of the Corporation Law of Japan)
Hanwa Co., Ltd. ("Hanwa") hereby announces that the Board of Directors meeting held on May 10, 2024 resolved the acquisition of its own shares under Article 156 of the Corporation Law of Japan, as applied pursuant to Article 165 (3) of the Corporation Law, as follows;
Reason
To promote return to shareholders and improve capital efficiency.
Details of acquisition
(1)
Class of shares to be acquired:
Common stock
(2)
Number of shares to be acquired:
Up to 400,000 shares
(equivalent to 0.98 % of the total issued shares)
(3)
Total amount of shares to be acquired: Up to 2.0 billion yen
(4)
Schedule of acquisition:
From May 13, 2024 to June 19, 2024
(5)
Acquisition method:
Purchase on the Tokyo Stock Exchange market
(Reference) Treasury shares held by Hanwa as of March 31, 2024
・Aggregate number of issued shares
40,668,229 shares
（excluding treasury stocks）
・Number of treasury stocks
1,664,411 shares
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Hanwa Co. Ltd. published this content on
10 May 2024 and is solely responsible for the information contained therein. Distributed by
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10 May 2024 04:04:06 UTC.
HANWA CO., LTD. is a Japan-based company mainly engaged in the sale of steel metal raw materials, non-ferrous metals, foods, petroleum and chemical products, wood and machinery. The Company operates through six business segments. The Steel business is engaged in the provision of steel bars, construction works, steel plates, special steels, wires, steel pipes, and scrap iron. It is also engaged in the metal processing and storage. The Metal Raw Materials business is engaged in the provision of nickel, chromium, silicon, manganese, and ferroalloys. The Overseas Sales Subsidiary business is engaged in the sale of products at major overseas bases. The Petroleum and Chemicals business is engaged in the sale of petroleum products, industrial chemicals, chemicals and waste fuels. The Food business provides seafood and livestock products. The Nonferrous Metals business supplies aluminum, copper and zinc, and conducts recycling business. It also manages and operates amusement facilities.
HANWA CO., LTD. 
