Toyobo : Notice regarding the status of acquisition of treasury shares (Acquisition of treasury shares under the provision of the Articles of Incorporation pursuant to Article 165, Paragraph 2, of the Companies Act)
April 07, 2023 at 05:15 am
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April 7, 2023
To whom it may concern,
Name of company:
Toyobo Co., Ltd.
Name of representative:
Ikuo Takeuchi,
President & Representative Director
(Stock code: 3101, Prime Market of the Tokyo Stock Exchange)
Contact:
Hidekazu Takahashi, General Manager,
Financial Department
(TEL +81-6-6348-3137)
Notice regarding the status of acquisition of treasury shares (Acquisition of treasury shares under the provision of the Articles of Incorporation pursuant to Article 165, Paragraph 2, of the Companies Act)
Toyobo Co., Ltd. announces today the status of acquisition of treasury shares decided at a meeting of the Board of Directors on February 8, 2023, pursuant to Article 156 of the Companies Act of Japan, which applies pursuant to Article 165, Paragraph 3, of that law.
1.
Type of shares acquired
Shares of common stock
2.
Total number of shares acquired
383,500 shares
3.
Total amount of acquisition price
401,104,092 yen
4. Acquisition period
From March 1, 2023 to March 31, 2023
(on a contract basis)
5. Acquisition method
Market purchase based on a discretionary trading contract
regarding acquisition of treasury shares
Reference:
1. Matters decided at a meeting of the Board of Directors on February 8, 2023
(1)
Type of shares to be acquired
Shares of common stock
(2)
Total number of shares to be acquired
Up to 1,300,000 shares
(Ratio to the shares outstanding excluding treasury shares:
1.46%)
(3)
Total amount of acquisition price
Up to 1 billion yen
(4) Acquisition period
From February 9, 2023 to April 30, 2023
(5) Acquisition method
Market purchase based on a discretionary trading contract
regarding acquisition of treasury shares
2. Cumulative shares acquired based on above Board of Directors decision (as of March 31, 2023)
(1)
Total number of shares acquired
653,900 shares
(2)
Total amount of acquisition price
681,965,387 yen
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Toyobo Co. Ltd. published this content on 07 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2023 04:14:06 UTC.
Toyobo Co Ltd is a Japan-based company mainly engaged in the film and functional resin business, industrial material business, and textile and commerce business. It has five business segments. Film and Functional Resin segment manufactures, processes and sells packaging films, industrial films, industrial adhesives, engineering plastics and optical functional materials. Industrial Materials segment manufactures, processes and sells automotive fiber materials, super fibers, non-woven fabrics. Textile and Trading segment manufactures and sells functional clothing, apparel products, clothing textiles, and clothing fibers. Healthcare segment manufactures, processes and sells bio products, pharmaceuticals, medical membranes, medical devices, aqua membranes, and functional filters. It is also engaged in the assembly and sale of seawater desalination modules. The Real Estate segment sells, rents and manages movables. It also designs and constructs buildings and machinery and sells equipment.
Toyobo : Notice regarding the status of acquisition of treasury shares (Acquisition of treasury shares under the provision of the Articles of Incorporation pursuant to Article 165, Paragraph 2, of the Companies Act)
TOYOBO CO., LTD. 
