Sankyo : Notice concerning Status of Repurchase of the Company’s Own Shares
February 01, 2022 at 06:12 am
Share
February 1, 2022
For Immediate Release
Listed company name:
SANKYO CO., LTD.
Representative:
Akihiko Ishihara
President & COO
(TSE 1st Sec. Code 6417)
Contact:
Yoko Oshima
Senior Executive Operating
Officer
TEL.: +81-3-5778-7777
Notice concerning Status of Repurchase of the Company's Own Shares
(Repurchase of the Company's Own Shares under the provisions of the Articles of Incorporation
pursuant to Article 165, Paragraph 2 of the Company Law)
SANKYO Co., Ltd. has carried out the repurchase of the Company's own shares based on provisions stipulated in Article 156 of the Company Law as applied pursuant to Article 165, Paragraph 3 of the same Law.
1.
Type of shares repurchased:
Common stock
2.
Aggregate number of shares repurchased:
920,000 shares
3.
Aggregate amount of repurchase cost:
2,758,078,500 yen
4.
Period of repurchase:
From January 1, 2022 to January 31, 2022 (on a contract basis)
5.
Method of repurchase:
Open-market purchase on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution of the Board of Directors' meeting, held on November 8, 2021, regarding repurchase of own shares
(1) Type of shares to be repurchased:
Common stock
(2) Aggregate number of shares eligible for repurchase:
Up to 3,500,000 shares
(5.7% of the total number of shares issued (excluding treasury stock))
(3) Aggregate amount of repurchase cost:
Up to 10.0 billion yen
(4)
Period of repurchase:
From November 9, 2021 to April 28, 2022
(5)
Method of repurchase:
Open-market purchase on the Tokyo Stock Exchange
2. Cumulative number of own shares repurchased in accordance with the resolution of the abovementioned Board of Directors' meeting (As of January 31, 2022)
(1) Aggregate number of shares repurchased:
2,501,300 shares
(2) Aggregate amount of repurchase cost:
7,518,204,600 yen
This material is an English translation of Japanese announcement made on February 1, 2022. Although the Company intended to faithfully translate the Japanese document into English, the accuracy and correctness of this translation are not guaranteed.
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Sankyo Co. Ltd. published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 06:11:03 UTC.
Sankyo Co Ltd is a Japan-based company mainly engaged in the pachinko machine related business, pachislot machine related business, and replenishment equipment related business. The Company operates through three business segments. The Pachinko Machine-related Business segment is engaged in the manufacture and sale of pachinko machines and gauge boards for pachinko machines, the sale of related parts, and acquisition of royalties income related to pachinko machines. The Pachislot Machine-related Business segment is engaged in the manufacture and sale of pachislot machines, the sale of related parts, and acquisition of royalties income related to pachislot machines. The Supply Equipment-related Business segment is engaged in the sale of pachinko/pachislot supply equipment, card system equipment, hall equipment peripheral equipment. It also provides mobile content services, real estate rental, sales of general molded parts.