Nissin Foods : Notice Concerning Status of Acquisition of Own Shares and Completion of Acquisition
November 15, 2021 at 06:10 am
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November 15, 2021
Koki Ando
President and Representative Director, CEO
Notice Concerning Status of Acquisition of Own Shares and Completion of Acquisition (Acquisition of Company's own share according to the articles of incorporation
pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
NISSIN FOODS HOLDINGS CO., LTD. (hereinafter "the Company") has acquired its own shares in accordance with the provisions of Article 156 of the Companies Act of Japan as modified by the provision of Article 165, Paragraph 3 of the same Act, as follows.
The Company also announces that it has completed the acquisition of its own shares based on the resolution of the meeting of the Board of Directors held on May 11, 2021.
1.Acquisition period: From 1 November 1, 2021 to November 12, 2021
2.Type of shares acquired: Common stock of the Company
3.Total number of shares acquired: 76,700 shares
4.Total amount of acquisition price of shares: 681,721,000 yen
5.Method of acquisition: Purchase on the Tokyo Stock Exchange
(Reference)
Type of shares to be acquired: Shares of Common stock of the Company
Total number of shares to be acquired: 1,875,000 shares (Maximum)
(1.8% of the total number of shares outstanding (excluding treasury shares))
Total amount of acquisition price: 12,000,000,000 yen (Maximum)
Period: From May 12, 2021 to March 31, 2022
Cumulative total of treasury shares acquired through November 12, 2021 based on the above resolution of the Board of Directors
Total number of shares acquired: 1,477,700 shares
Total amount of shares acquired: 11,999,682,000 yen
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Nissin Foods Holdings Co. Ltd. published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 06:09:09 UTC.
NISSIN FOODS HOLDINGS CO., LTD. is a Japan-based holding company principally engaged in the manufacture and sale of instant foods, such as instant noodles. The Company is also involved in other food business, logistics business and other related business. The Company operates its business through five business segments. The four business segments, Nisshin Foods, Myojo Foods, Americas and China, mainly manufacture and sell instant bag noodles and cup noodles respectively. Low Temperature segment is involved in the manufacture and sale of chilled products and frozen products.