(Share buy-back pursuant to the Articles of Incorporation in accordance with
Article 165, paragraph 2 of the Corporation Code)
Toho Gas announces that the company repurchased its shares, pursuant to Article 156 of the Corporation Code as applied pursuant to Article 165, paragraph 3.
1. Types of shares repurchased:
Common stock
2. Number of shares repurchased:
511,500 shares
3. Total value of shares repurchased:
¥1,806,678,096
4. Period of repurchase:
From April 1, 2024 to April 24, 2024 (Commitment basis)
5. Method of repurchase:
Market purchase on Tokyo Stock Exchange
[Reference 1]
Details of resolution at the Board of Directors' meeting held on March 28, 2024
(1) Types of shares to be repurchased:
Common stock
(2) Number of shares to be repurchased: Up to 4 million shares
(representing 3.8% of outstanding shares (excluding treasury shares))
(3) Value of shares to be repurchased:
Up to 10 billion yen
(4) Period of repurchase:
From April 1, 2024 to September 30, 2024
[Reference 2]
Cumulative total of shares repurchased by April 24, 2024
(1) Number of shares repurchased:
511,500 shares
(2) Total value of shares repurchased:
¥1,806,678,096
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TOHO GAS Co. Ltd. published this content on
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Toho Gas Co Ltd is a company primarily engaged in the gas business, construction and equipment and other businesses. The Company operates in three business segments. The Gas segment is engaged in the manufacture, supply and sale of gas, the reading of gas meters and the provision of gas charge recovery services. The Liquefied Petroleum Gas (LPG), Electricity and Other Energy segment is engaged in the electricity business, the sale of liquefied natural gas (LNG), the supply of heat, the sale of LPG and LPG equipment, the provision of LPG piping works, as well as the sale of coke and petroleum products. The Construction and Equipment segment is engaged in the provision of piping works for gas supply and the sale of gas equipment. The other businesses include LNG entrusted processing, the leasing and operation of real estate, the design and construction and the provision of utility service for plants and facilities, the sale of household equipment and others.