Japan Post : Notice Concerning the Status of the Acquisition of Treasury Stock(Acquisition of Treasury Stock Based on the Articles of Incorporation Complying with Article 459, Paragraph 1 of the Companies Act)
September 12, 2023 at 02:34 am EDT
Share
Common stock
346,000,000 shares (at maximum)
(The ratio of the total number of shares to be acquired to the total number of shares issued (excluding treasury stock): 10.0%)
300 billion yen (at maximum)
From August 15, 2023 through March 31, 2024
Purchases through the Off-auctionOwn Share Repurchase Trading system (ToSTNeT-3)and trading on the auction market of the Tokyo Stock Exchange, Inc.
UNOFFICIAL TRANSLATION
Although the Company pays close attention to provide English translation of the information disclosed in Japanese, the Japanese original prevails over its English translation in the case of any discrepancy.
September 12, 2023
Company name:
Japan Post Holdings Co., Ltd.
Representative:
MASUDA Hiroya
Director and Representative Executive Officer,
President & CEO
(Code number: 6178, Prime Market of the
Tokyo Stock Exchange)
Contact:
IR Office (Phone: +81-3-3477-0206)
Notice Concerning the Status of the Acquisition of Treasury Stock (Acquisition of Treasury Stock Based on the Articles of Incorporation Complying with Article 459, Paragraph 1 of the Companies Act)
Japan Post Holdings Co., Ltd. (the "Company") hereby announces the status of the acquisition of its treasury stock notified on August 15, 2023, as described below. The acquisition was implemented pursuant to Article 39, Paragraph 1 of the Articles of Incorporation complying with Article 459, Paragraph 1, Item 1 of the Companies Act.
1.
Class of shares to be acquired
Common stock
2.
Total number of shares acquired
126,427,600 shares
3.
Total amount of shares acquired
132,118,340,300 yen
4.
Acquisition period
From August 15, 2023 through August 31, 2023 (contract basis)
5.
Method of acquisition
Purchases through the Off-auction Own Share Repurchase Trading
system (ToSTNeT-3) and trading on the auction market of the Tokyo
Stock Exchange, Inc.
(Reference)
I. Details of matters related to the acquisition resolved at the Board of Directors meetings held on May 15, 2023 and August 14, 2023
1. Class of shares to be acquired
2. Total number of shares to be acquired
3. Total amount of shares to be acquired
4. Acquisition period
5. Method of acquisition
Total number and amount of shares acquired pursuant to the resolutions approved at the Board of Directors' meetings held on May 15, 2023 and August 14, 2023 (as of August 31, 2023)
1.
Total number of shares acquired
126,427,600 shares
2.
Total amount of shares acquired
132,118,340,300 yen
Attachments
Original Link
Original Document
Permalink
Disclaimer
Japan Post Holdings Co. Ltd. published this content on 12 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2023 06:33:05 UTC.
Japan Post Holdings Co., Ltd. is a diversified group organized around 4 areas of activity:
- life insurance benefits (57.3% of revenues);
- postal and logistical services (23.9%): collection, transportation and delivery of mail (letters, postcards, etc.), shipping and delivery of parcels. The group also offers logistics and transport services;
- banking services (17.5%): corporate, investment and market banking, syndicated loans, sales of structured products, fund management, mortgage banking, credit card issuance, etc.;
- other (1.3%).
Japan Post : Notice Concerning the Status of the Acquisition of Treasury Stock(Acquisition of Treasury Stock Based on the Articles of Incorporation Complying with Article 459, Paragraph 1 of the Companies Act)