BEENOS : Notification of Status and Completion of Share Repurchase
June 01, 2021 at 11:03 pm EDT
Share
160,000 shares
587,012,500 JPY
This is a translation of the original Japanese release. The Japanese text shall prevail in case of any variance between this version and the Japanese text.
Company
BEENOS Inc.
President and Group CEO
Shota Naoi
Tokyo Stock Exchange First Section Code: 3328
Contact
Vice President and Group CFO
Koji Nakamura
TEL
+81-3-6859-3328
Notification of Status and Completion of Share Repurchase
(Share repurchase pursuant to the Company's Article of Incorporation in accordance with the
provisions of Article 165, Paragraph 2 of Companies Act)
Tokyo, Japan - 2 June 2021 - BEENOS Inc. (BEENOS) announced the status and completion of its share repurchase in accordance with Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 of the Act as resolved in its board meeting held on 27 May 2021. The share repurchase has been completed according to the following details:
1. Results of Share Repurchase
1.
Purchasing period
1 June 2021 ~ 1 June 2021
2.
Class of shares repurchased
Common stock
3.
Total number of shares repurchased
64,500 shares
4.
Total repurchase cost
241,364,500 JPY
5.
Repurchase method
Purchased from the Tokyo Stock Exchange market
(Reference)
1. Details of Matters Related to the Share Repurchase
(1)
Class of shares to be
Common stock
repurchased
(2)
Total number of shares
160,000 shares
to be repurchased
(1.2% of the total number of shares issued [excluding treasury stock])
(3)
Total repurchase cost
800,000,000 JPY
(4)
Repurchase period
28 May 2021 to 30 June 2021
2. Cumulated Shares Repurchased since the Previously Mentioned Board Meeting
Total number of shares repurchased
Total repurchase cost
-END-
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Disclaimer
Beenos Inc. published this content on 02 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2021 03:02:06 UTC.
BEENOS Inc, formerly netprice.com, Ltd., mainly operates mail-order sales business. It has two segments. The E-commerce segment operates business through three business divisions. The Gathering division is engaged in the mail-order sales through personal computers (PCs), cell phones and smart phones. The Value Cycle division is involved in the purchase, maintenance and sale of secondhand brand-name products, watches, accessories and others. The Cross Boarder division is engaged provision of services making overseas products available for purchase for Japanese clients. The Incubation segment is involved in the provision of Japan products overseas forwarding services, the production of talent licensed products, and the marketing and promotion business focusing on smart phones.