September 4, 2018
Company name: Sugi Holdings Co., Ltd.
Representative: Eiichi Sakakibara,
Representative Director & President
Stock code: 7649, 1st Section of Tokyo Stock Exchange and Nagoya Stock Exchange
Contact: Toshiyuki Hirai, General Manager,
Finance & Accounting Department t
Tel: 0562-45-2740
Notice Regarding the Result and the Completion of the Acquisition of
Treasury Stock
(Acquisition of treasury stock under the provisions of the Articles of Incorporation pursuant to the provisions of Article 459, paragraph 1 of the
Companies Act)
Sugi Holdings Co., Ltd. ("the Company") hereby announces the implementation of the acquisition of treasury stock in accordance with the provisions of the Articles of Incorporation pursuant to the provisions of Article 459, paragraph 1 of the Companies Act that was decided at the Board of Directors meeting held on April 16, 2018.
The Company also announces the resulting completion of the acquisition of treasury stock that was decided at the Board of Directors meeting held on April 16, 2018.
1. Class of shares acquired | Common shares |
2. Acquisition period | September 1, 2018 to September 3, 2018 (execution basis) |
3. Total number of shares acquired | 62,300 shares |
4. Total acquisition cost | 342,410,000 yen |
5. Acquisition method | Acquisition in the open market of the Tokyo Stock Exchange |
(For reference) |
1. Resolution of the Board of Directors meeting held on April 16, 2018
(1) Class of shares to be acquired Common shares
(2) Total number of shares that 1,500,000 shares (upper limit)
can be acquired | ||
(Ratio to total number of shares issued [excluding treasury stock]: 2.37%) | ||
(3) | Total acquisition cost | 10,000,000,000 yen (upper limit) |
(4) | Acquisition period | Apr. 23, 2018 to Oct. 31, 2018 |
2. Cumulative total of treasury stock acquired in accordance with the resolution of the Board of Directors meeting above (as of September 3, 2018; execution basis)
(1) Total number of shares 1,500,000 shares acquired
(2)Total acquisition cost
9,248,500,975 yen
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Sugi Holdings Co. Ltd. published this content on 04 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 September 2018 07:21:06 UTC