Itoham Yonekyu : Notice regarding Acquisition Status of Own Share and Completion of Elimination of Treasury stock
July 04, 2022 at 09:13 pm EDT
Share
(Translated)
July 5, 2022
To whom it may concern
Company: ITOHAM YONEKYU HOLDINGS Inc.
Representative: Isao Miyashita, President and Representative Director
(Tokyo Stock Exchange, Prime Market, Securities Code: 2296)
Inquiries: Masaru Kato,
General Manager, Public &Investor Relations Office
Tel: +81-3-5723-6889
Notice regarding Acquisition Status of Own Share and Completion of Elimination of Treasury stock
(Purchase of own stock based on the Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act and
Eliminate of treasury stock based on Article 178of the Companies Act.)
Itoham Yonekyu Holdings Inc. acquired Own shares in accordance with the resolution of the meeting of Board of Directors held on May 9, 2022. based on the provisions stipulated in Article 156 of the Companies Act, as modified and applied pursuant to Article 165, Paragraph 3 of the same Act. In addition, it has completed of elimination of treasury stock based on the provisions stipulated in Article 178 of the Companies Act. Details are as follows.
1. Acquisition Status of Own Share
(1)
Type of shares
:
The Company's common stock
(2)
Total number of shares acquired
:
1,455,100 shares
(3)
Total value of the shares acquired
:
¥974,101,500
(4)
Acquisition period
:
June 1, 2022 to June 30, 2022 (Contract base)
(5)
Acquisition method
:
Open market purchase on the Tokyo Stock Exchange
2. Completion of Elimination of Treasury stock
(1)
Type of shares
:
The Company's common stock
(2)
Total number of shares eliminated
:
5,000,000 shares
Representing 1.72% of total number of shares issued
before elimination (excluding treasury stock)
(3)
Elimination date
:
June 30, 2022
1
(Reference)
1. Details of the meeting of Board of Directors resolution held on May 9, 2022
(1)
Type of shares
: The Company's common stock
(2)
Total number of shares acquisition
: Up to 10,000,000 shares
Representing 3.43% of total number of shares issued
(excluding treasury stock)
(3)
Total value of the shares acquisition
:
Up to ¥5,000,000,000
(4)
Acquisition period
:
May 10, 2022 to March 31, 2023
2. Total number of own shares acquired based on the resolution of the meeting of Board of
Directors (As of June 30, 2022)
(1)
Total number of shares acquired
:
1,864,400 shares
(2)
Total value of the shares acquired
:
¥1,243,506,900
3. Treasury Stock Held (As of June 30, 2022)
(1)
Total number of shares issued after elimination
:
292,355,059 shares
(excluding treasury stock)
(2)
Number of shares of treasury stock after elimination
:
2,315,162 shares
2
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Itoham Yonekyu Holdings Inc. published this content on 05 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 July 2022 01:12:04 UTC.
ITOHAM YONEKYU HOLDINGS INC. is a Japan-based holding company mainly engaged in the manufacture and sale of processed meat products and meat products.. The Company operates in two business segments. The Processed Meat segment is engaged in the manufacture and sale of ham, sausages and other processed meat products. The Meat segment is engaged in the manufacture and sale of meat and processed foods. The other business includes administrative agency service business and logistics service business.