Sekisui Chemical : Announcement concerning the Status of the Acquisition of Treasury Shares
June 04, 2024 at 07:05 am
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June 4, 2024
Press Release
SEKISUI CHEMICAL CO., LTD.
Announcement concerning the Status of the Acquisition of Treasury Shares
SEKISUI CHEMICAL CO., LTD. is announcing the status of acquisition of treasury shares conducted in May, 2024 pursuant to the provisions of Article156 of the Corporate Law after applying the provisions of Article 165, Item 3 of the Law, concerning which acquisition notification was given on April 26, 2024, as follows:
Details of the acquisition
Type of shares to be acquired: Common shares of SEKISUI CHEMICAL
Total number of shares acquired: 3,999,800 shares
Total cost of the acquisition: 8,917,554,100 yen
Date of the acquisition: From May 1, 2024 to May 31, 2024
Acquisition method: Repurchase through ToSTNeT-3 of the Tokyo Stock Exchange
(Reference)
Details of the resolution of the Board of Directors meeting held on April 26, 2024
Type of shares to be acquired: Common shares of SEKISUI CHEMICAL
Total number of shares to be acquired: Up to 4,000,000 shares (maximum) (Percentage of total number of issued shares (excluding treasury stock): 0.95%)
Total acquisition cost: Up to 9.2 billion yen (maximum)
Acquisition period: From April 30, 2024 to March 31, 2025
Status of the acquisition as of May 31, 2024
Total number of shares acquired: 3,999,800 shares
Total amount of acquisition cost: 8,917,554,100 yen
Press Contact
SEKISUI CHEMICAL CO., LTD.
Corporate Communication Department
Fax: (+81) 3-6748-6547
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Sekisui Chemical Co., Ltd. is a company that operates in four business segments .The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as the construction and sale of interior items, exterior items and real estate. The Environment and Life Line segment offers vinyl chloride pipe and fittings, polyethylene pipe and fittings, system pipe, aqueduct/water conduit rehabilitation materials, reinforced plastic composite pipes, and building materials, among others. The High-performance Plastics segment offers intermediate films for laminated glass, foamed polyolefin, tapes, particulate for liquid crystal and sensitive materials and test drug, among others. The Others segment is engaged in the manufacture and sale of film type lithium ion battery, as well as the provision of other products and services.