Translation of the Japanese press release
JAFCO Co., Ltd. (Ticker: 8595) Contact: Investor Relations 1-5-1 Otemachi, Chiyoda-ku Tel: 03-5223-7073
Tokyo 100-0004 Japan ir@jafco.co.jp
http://www.jafco.co.jp
August 9, 2017
Announcement Regarding Cancellation of Treasury StockJAFCO Co., Ltd. (the "Company") announced that its Board of Directors approved a resolution at the board meeting held today to cancel the treasury stock in accordance with the provisions of Article 178 of the Companies Act as shown below:
Type of shares to be cancelled Common stock of the Company
Number of shares to be cancelled
15,744,336 shares (32.6% of the total outstanding shares before cancellation)
Date of cancellation August 18, 2017
[Reference]
Number of shares before cancellation (as of August 9, 2017) Total outstanding shares: 48,294,336 shares
Of which, treasury stock: 17,363,123 shares (36.0% of the total outstanding shares)
Number of shares after cancellation
Total outstanding shares: 32,550,000 shares
Of which, treasury stock: 1,618,787 shares (5.0% of the total outstanding shares)
Note: The above numbers of treasury stock do not include less-than-one-unit shares purchased or sold by the Company on or after August 1, 2017.
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JAFCO Co. Ltd. published this content on 09 August 2017 and is solely responsible for the information contained herein.
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