June 1, 2018
Company name: Sugi Holdings Co., Ltd.
Representative: Eiichi Sakakibara,
Representative Director & President
Stock code: 7649, 1st Section of Tokyo Stock Exchange and Nagoya Stock Exchange
Contact: Toshiyuki Hirai, General Manager,
Finance & Accounting Department
Tel: 0562-45-2740
Notice Regarding the Result of the Acquisition of Treasury Stock (Acquisition of treasury stock under the provisions of the Articles of Incorporation pursuant to the provisions of Article 459, paragraph 1 of the
Companies Act)
Sugi Holdings Co., Ltd. hereby announces the implementation of the acquisition of treasury stock in accordance with the provisions of the Articles of Incorporation pursuant to the provisions of Article 459, paragraph 1 of the Companies Act that was decided at the Board of Directors meeting held on April 16, 2018.
1. Class of shares acquired | Common shares |
2. Acquisition period | May 1, 2018 to May 31, 2018 (execution basis) |
3. Total number of shares acquired | 242,600 shares |
4. Total acquisition cost | 1,594,370,991 yen |
5. Acquisition method | Acquisition in the open market of the Tokyo Stock Exchange |
(For reference) |
1. Resolution of the Board of Directors meeting held on April 16, 2018
(1) Class of shares to be acquired Common shares
(2) Total number of shares that 1,500,000 shares (upper limit)
can be acquired | ||
(Ratio to total number of shares issued [excluding treasury stock]: 2.37%) | ||
(3) | Total acquisition cost | 10,000,000,000 yen (upper limit) |
(4) | Acquisition period | Apr. 23, 2018 to Oct. 31, 2018 |
2. Cumulative total of treasury stock acquired in accordance with the resolution of the Board of Directors meeting above (as of May 31, 2018; execution basis)
(1) Total number of shares 325,400 shares acquired
(2)Total acquisition cost
2,123,094,987 yen
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Sugi Holdings Co. Ltd. published this content on 01 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 June 2018 06:37:02 UTC