JXTG : Notice of Interim Progress on the Acquisition of Treasury Shares
April 01, 2019 at 02:07 am EDT
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[Translation]
April 1, 2019
To whom it may concern:
Company name: JXTG Holdings, Inc.
Representative:
Tsutomu Sugimori
Representative Director, President
Code number:
5020, First Section of the Tokyo Stock
Exchange and the Nagoya Stock Exchange
Contact person:
Tatsuya Higurashi, Group Manager,
Investor Relations Group,
Finance & Investor Relations Department
(Tel.: +81-3-6257-7075)
Notice of Interim Progress on the Acquisition of Treasury Shares
(Acquisition of Treasury Shares pursuant to the Articles of Incorporation in accordance with
Article 165.2 of the Companies Act)
JXTG Holdings, Inc. (the "Company") would like to provide notification of interim progress on the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as modified and applied in accordance with Article 165.3 of the Companies Act as below.
1. Class of shares acquired
Company common shares
2.
Total number of shares acquired
24,926,300 shares
3.
Total value of shares acquired
13,378,721,520 yen
4. Term of acquisition
From March 1, 2019 to March 31, 2019
5.
Method of Acquisition
Market purchase in accordance with Entrusting Agreement on
Purchase of Treasury Shares
(Reference)
1. Details of Resolution of Board of Directors held on February 8, 2019
(1)
Class of shares to be acquired
Company common shares
(2)
Total number of shares to be acquired
60 million shares (upper limit)
(ratio to number of issued shares (excluding treasury shares) 1.77%)
(3)
Total value of shares to be acquired
30 billion yen (upper limit)
(4) Term of Acquisition
From February 12, 2019 to June 30, 2019
(5)
Method of Acquisition
Market Purchase in accordance with Entrusting Agreement
on Purchase of Treasury Shares
2. Accumulated total number of shares acquired in accordance with the Board of Directors' resolution above (as of March 31, 2019)
(1)
Total number of shares acquired
46,289,300 shares
(2)
Total value of shares acquired
24,963,112,590 yen
End
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JXTG Holdings Inc. published this content on 01 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 April 2019 06:06:10 UTC
ENEOS Holdings, Inc. (formerly JXTG Holdings, Inc.) is a holding company organized around 4 areas of activity:
- refining and distribution of oil products (84.1% of net sales);
- production of non ferrous metal (10%): primarily copper;
- exploration and production of oil and natural gas (1.3%);
- other (4.6%).