Tokai Tokyo Financial : Interim Result of Share Repurchase
July 01, 2019 at 02:53 am EDT
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Press Release
5-1, NIHONBASHI 2-CHOME,CHUO-KU, TOKYO 103-6130 JAPAN
Note: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.
We assume no responsibility for this translation or for direct, indirect or any other form of damage arising from the translation.
(TSE, NSE: 8616) July 1, 2019
Interim Result of Share Repurchase
(This release refers to the share repurchase in accordance with the Articles of Incorporation of Tokai Tokyo Financial Holdings, Inc., pursuant to the Paragraph 2, Article 165 of the Company Law of Japan)
Tokai Tokyo Financial Holdings, Inc. (hereinafter "the Company") hereby reports the interim
result of the repurchase of its own shares in accordance with the resolution adopted by the meeting of its Board of Directors held on May 20, 2019 as per the provision of Article 156 of the Company Law of Japan by interpreting the wordings of the Paragraph 3 of the Article 165 of the same Law. We set out below the interim result.
1.
Class of shares repurchased:
Common stock of the Company
2.
Period of repurchase:
From June 3, 2019 to June 21, 2019 (trade basis)
3.
Aggregate number of shares repurchased:
8,267,800 shares
4.
Aggregate amount repurchased:
2,854,826,200 yen
5.
Method of repurchase:
Purchase in the market through a trust bank
(Reference)
1. Description of the resolution regarding the share repurchase adopted by the meeting of the Board of Directors held on May 20, 2019
(1)
Class of shares to be repurchased:
Common stock of the Company
(2)
Aggregate number of shares to be repurchased:
Up to 10 million shares
(Equivalent to 3.87% of the total number of issued
shares excluding treasury shares)
(3)
Aggregate amount to be repurchased:
Up to 3.6 billion yen
(4)
Period of repurchase (planned):
From June 1, 2019 to August 31, 2019
(5)
Method of repurchase:
Purchase in the market through a trust bank
2. Current status of the above resolution as of June 30, 2019
(1)
Number of treasury shares repurchased:
8,267,800 shares
(2)
Aggregate amount repurchased:
2,854,826,200 yen
(end)
Contact: +81-(0)3-3517-8618, Corporate Communications, Tokai Tokyo Financial Holdings, Inc.
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Tokai Tokyo Financial Holdings Inc. published this content on 01 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2019 06:52:12 UTC
Tokai Tokyo Financial Holdings Inc is a Japan-based company primarily engaged in investment and financial service business. The Company is engaged in the purchase and sale of securities, the brokerage of securities, the underwriting, sale, public offering and private offering of securities, as well as other financial product transaction businesses and financial product-related businesses. The Company is also engaged in the provision of financing and fund management services for clients in overseas markets, including Asian, American and European financial markets.
TOKAI TOKYO FINANCIAL HOLDINGS, INC. 
