BEENOS : Notification of Status and Completion of Share Repurchase
August 30, 2021 at 11:02 pm EDT
Share
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 - 31 August 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 12 August 2021. The share repurchase has been completed according to the following details:
1. Results of Share Repurchase
1.
Purchasing period
16 August 2021 ~ 30 August 2021
2.
Class of shares repurchased
Common stock
3.
Total number of shares repurchased
64,200 shares
4.
Total repurchase cost
212,724,500 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
80,000 shares
to be repurchased
(0.6% of the total number of shares issued [excluding treasury stock])
(3)
Total repurchase cost
213,000,000 JPY
(4)
Repurchase period
16 August 2021 to 15 September 2021
-END-
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Disclaimer
Beenos Inc. published this content on 31 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2021 03:01:03 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.