Fuji Media : Announcement Regarding the Status of Stock Repurchase (Acquisition of own shares in accordance with the Articles of Incorporation)
March 01, 2021 at 01:04 am EST
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(Translation)
March 1, 2021
Company name: Representative:Fuji Media Holdings, Inc. Osamu Kanemitsu,
President and Representative Director
(Stock Code: 4676, the 1st section of Tokyo Stock Exchange)Contact:
Kenji Shimizu,
Telephone:
Executive Managing Director +81-3-3570-8000
Announcement Regarding the Status of Stock Repurchase
(Acquisition of own shares in accordance with the Articles of Incorporation under
Article 165, Paragraph 2 of the Companies Act)
Fuji Media Holdings, Inc. (the "Company"), as decided at the meeting of the Board of Directors held on July 22, 2020, has made a stock repurchase in accordance with Article 156 of the Companies Act of Japan, as applied pursuant to Article 165, Paragraph 3 of the said Act.
The Company hereby announces the status of the repurchase as follows.
1.
Class of shares repurchased:
Common stock of the Company
2.
Total number of shares repurchased:
1,101,400 shares
3.
Total purchase price for the stock repurchase:
JPY 1,432,354,200
4.
Period of repurchase:
February 1, 2021 through February 28, 2021
5.
Method of repurchase:
Market purchase at the Tokyo Stock Exchange
(on a trade basis)
(Reference)
1. Details of the repurchase resolved by the Board of Directors on July 22, 2020
(1) Class of shares to be repurchased: Common stock of the Company
(2) Total number of shares to be repurchased: 12,500,000 shares (upper limit)
(5.3% of the total number of issued shares (excluding treasury shares))
(3) Total purchase price for the stock repurchase: JPY 10,000,000,000 (upper limit)
(4) Period of repurchase: August 7, 2020 through March 31, 2021
2.
Total number of its treasury stock repurchased through February 28, 2021 based on the above resolution
(1) Total number of shares repurchased: 7,986,400 shares
(2) Total purchase price for the stock repurchase: JPY 8,804,322,600
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Fuji Media Holdings Inc. published this content on 01 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2021 06:03:06 UTC.
Fuji Media Holdings Inc is a Japan-based company engaged in the core broadcasting business, the media and content business, and the urban development and tourism business. The Company operates in two business segments. The Media and Content segment is engaged in the production of broadcast programs, movies, anime, games and events, the sale of video and music software, the publication of music, magazines and newspapers, as well as television broadcasting, radio broadcasting, mail order sales and advertising business. The Urban Development and Tourism segment engages in the rental and sale of residences, offices and logistics facilities, the operation of hotels and marine leisure facilities, as well as events and interior decoration and building management business. The Company also engages in movable property leasing and product sales, software development, and restaurants and shops business.
FUJI MEDIA HOLDINGS, INC. 
