ASICS : Notice Concerning the Progress and Completion of the Acquisition of Own Shares
December 24, 2019 at 02:31 am EST
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Note: This document is a translation of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
December 24, 2019
Name of the Company: ASICS Corporation
President and COO, Representative Director: Yasuhito Hirota
Executive Officer, Senior General Manager,
Accounting and Finance Division
: Koji Hayashi
Telephone Number
: +81(0)78-303-2213
Code Number: 7936 Listing Exchanges: Tokyo
Notice Concerning the Progress and Completion of the Acquisition of Own Shares (Acquisition of Own Shares Based on the Articles of Association pursuant to Article 459-1-1 of the Companies Act of Japan)
ASICS Corporation ("Company") hereby announces that the acquisition of own shares as approved at a meeting of the Board of Directors held on August 2, 2019 pursuant to provisions of Article 459-1-1 of the Companies Act of Japan and Article 43 of the Company's Articles of Association.
The Company also announces that the acquisition of own shares as approved at a meeting of the Board of Directors held on August 2, 2019, has been completed.
1.
Type of shares acquired
Shares of common stock of the Company
2.
Aggregate number of shares acquired
560,300 shares
3.
Aggregate purchase price of acquisition
JPY 1,000,089,200
4.
Acquisition period
From December 1, 2019 to December 23, 2019
[Reference]
1. Details of the resolution made at a meeting of the Board of Directors held on August 2, 2019 are as
follows.
(1) Type of shares to be acquired
Shares of common stock of the Company
(2) Aggregate number of shares permitted to be acquired
Up to 9,000,000 shares
(3) Aggregate purchase price of shares
Up to JPY 10,000,000,000
(4) Acquisition period
From August 5, 2019 to December 31, 2019
2. Aggregate number of shares acquired, pursuant to the above stated resolution made at a meeting of the Board of Directors
Asics Corporation published this content on 24 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2019 07:30:08 UTC
ASICS Corporation is a Japan-based company mainly engaged in the manufacture and sale of sports products, such as sports shoes, sportswear, sports equipment and others. The Company operates through six business segments. The Japan Region, Americas Region, Europe Region (including the Middle East and Africa), Oceania/Southeast and South Asia Region, and the East Asia Region segment mainly sell sporting goods. The Others segment is engaged in the manufacture and sale of HAGLOFS brand outdoor products.
ASICS CORPORATION 
