BeNext Yumeshin : Notice of Acquisition of Treasury Stock through Off-Auction Purchase of Treasury Stock (ToSTNeT-3)
August 30, 2021 at 05:43 am EDT
Share
August 30, 2021
Company name
BeNext-Yumeshin Group Co.
Name of Representative
Yutaka Nishida,
Chairman and Representative Director, CEO
(Code: 2154 1st Section of TSE)
Contact
Hiroshi Sato
Board Director
Telephone Number
03-6672-4181
Notice of Acquisition of Treasury Stock through Off-Auction Purchase of Treasury Stock (ToSTNeT-3)
We announced Acquisition of Treasury Stock on August 27, 2021, but today we have carried out a share buyback as follows today.
1.Reasons for acquisition of treasury stock
To strengthen shareholder returns and improve capital efficiency as part of the capital policy in the medium-term management plan.
2.Details of Acquisition
(1)Type of shares repurchased
Shares of our common stock
(2)Aggregate number of shares repurchased
660,000 Shares
(3)Acquisition cost
¥1185 per share
(4)Total value of shares repurchased
711,000,000 Yen
(5)Acquisition date
August 30, 2021
(6)Acquisition method
Tokyo Stock Exchange's Off-Auction Purchase System for
Treasury Stocks (ToSTNeT 3)
(Reference)
Details of the resolution on the acquisition of treasury stock (announced on August 6, 2021) (1)Type of shares of our common stock
(2)Number of shares to be acquired
Up to 4,000,000 shares
(4.4% of the total number of issued shares (excluding treasury stock))
(3)Total value of shares repurchased
40 Billions of yen (maximum)
(4)Acquisition period
From August 10, 2021 to June 30, 2022
Cumulative number of treasury stock acquired in accordance with the above resolution of the Board of Directors
(1)Aggregate number of shares repurchased
600,000 Shares
(2)Total value of shares repurchased
711,000,000 Yen
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BeNEXT Group Inc. published this content on 30 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 09:41:10 UTC.
Open Up Group Inc, former BeNext-Yumeshin Group Co, is a Japan-based company engaged in human resource services, mainly dispatching engineers and business contracting. The Company operates in four business segments. The Mechanical and Electrical, Information Technology (IT) Domain segment consists of mechanical, electrical and electronic engineers such as development, design and manufacturing technology at domestic manufacturers, and construction and development of networks, servers, software at IT companies. Dispatch and contract work by IT engineers for operation system. The Construction Domain segment mainly dispatches construction management engineers and computer-aided design (CAD) engineers to companies in the domestic construction industry. The Manufacturing Domain segment mainly dispatches and outsources work in the manufacturing process for domestic manufacturers. The Overseas Domain segment is engaged in dispatch, recruitment, and personnel consulting.
OPEN UP GROUP INC. 
