Hisamitsu Pharmaceutical : Notification Regarding Concerning the Decision of Matters Relating to Acquisition of Company’s Own Shares
October 14, 2021 at 02:12 am EDT
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This material is an English translation of the press release announced on Oct. 14, 2021 in Japanese, and the Japanese release is given priority about the content and the interpretation.
Oct. 14, 2021
Notification Regarding Concerning the Decision of Matters
Relating to Acquisition of Company's Own Shares
(Acquisition of company's own shares under the regulations of the articles of association
in accordance to paragraph 2, article 165 of the corporation law)
Hisamitsu Pharmaceutical Co., Inc. (Head Office: Tosu City, Saga Prefecture; President and CEO: Kazuhide Nakatomi) hereby notices that it resolved matters relating to acquisition of company's own shares as follows under the regulations of Article 156 of the Corporations Laws as being changed to read and applied upon the regulations of Paragraph 3, Article 165 of the Corporation Law at the Meeting of the Board of Directors held today.
1. Reason to acquire company's own shares
To improve capital efficiency and to attempt more distribution of profit to shareholders, and to perform mobile capital policy corresponding to the change of managerial environment.
2. Content of matters concerning acquisition
Class of targeted shares to acquire: Common shares of Hisamitsu
Total number of shares acquirable: Two million shares (ceiling)
(Ratio to total number of issued shares [excluding company's own shares] 2.45%)
Total amount of acquired value of share: 12,000 million Yen (ceiling)
Period for acquisition: From October 15, 2021 to February 28, 2022
(Reference:) Condition of company's own shares held as of August 31, 2021
Total number of issued shares (excluding company's own shares):
81,766,744 shares.
Number of company's own shares:
3,398,151 shares.
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Hisamitsu Pharmaceutical Co. Ltd. published this content on 14 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2021 06:11:05 UTC.
Hisamitsu Pharmaceutical Co Inc is a Japan-based company mainly engaged in the pharmaceutical business. The Company is engaged in the manufacture, sale and supply of pharmaceuticals and related products, and the operation of over-the-counter drug (OTC) business. It is also engaged in the manufacture and sale of drugs in the United States, Brazil, Vietnam, and Indonesia, the development work in Europe, the drug marketing and sales in China and Hong Kong. It is also engaged in the urban cable television broadcasting business, Internet connection service business, non-life insurance agency business, advertising agency business and the purchase, manufacture and sale of packing materials.
HISAMITSU PHARMACEUTICAL CO., INC. 
