Ushio : Notice Concerning the Status of Purchase of Treasury Shares
August 02, 2022 at 10:40 am
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August 2, 2022
Company Name: USHIO INC. Name and Title of Representative:
Koji Naito, President and Chief Executive Officer (Code Number: 6925,
Prime Market of the Tokyo Stock Exchange) Name and Title of Contact Person:
Hideaki Takizawa, General Manager,
Accounting and Finance Department (TEL +81-3-5657-1000 (from overseas))
Notice Concerning the Status of Purchase of Treasury Shares
(Based on Articles of Incorporation Pursuant to Article 165 Paragraph 2 of the Companies Act)
USHIO INC. announced today the status of the treasury shares purchase under its going repurchase plan resolved at the Board of Directors meeting held on May 11, 2022, pursuant to the provisions of Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 of the Companies Act.
1.
Type of shares purchased:
Common shares
2.
Total number of shares purchased:
416,200 shares
3.
Total amount of shares purchased:
713,398,800 Yen
4.
Purchase period:
July 1, 2022 to July 31, 2022
5.
Purchasing method:
Market purchasing on the Tokyo Stock Exchange
(For reference)
1. The resolution at the Board of Directors meeting held on May 11, 2022
(1)
Type of shares to be purchased:
Common shares
(2)
Total number of shares to be purchased:
3,000,000 shares (maximum)
(2.49% of total number of issued shares
(excluding treasury shares))
(3)
Total amount of shares to be purchased:
5,000,000,000 Yen (maximum)
(4)
Purchase period:
May 12, 2022 to December 23, 2022
2. Cumulative total shares purchased with respect to the resolution, as of July 31, 2022
(1)
Total number of shares purchased:
2,281,200 shares
(2)
Total amount of shares purchased:
3,884,263,800 Yen
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Ushio Inc. published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 09:39:11 UTC.
USHIO INC. is a company primarily engaged in the manufacture and sale of light source products, equipment and industrial equipment. The Company operates in two business segments. The Light Source segment manufactures and sells halogen lamps, xenon lamps, high-pressure ultraviolet (UV) lamps and excimer lamps. The Equipment segment manufactures and sells projectors for movie theaters and related equipment, ultraviolet curable equipment, various lighting equipment, excimer-related equipment. The Company is also involved in the manufacture and sale of injection molding machines, food packaging machines and audio equipment, the holding and management of subsidiaries, as well as the agency of insurance.