Note:This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

June 14, 2023

Company name:

Hosiden Corporation

Representative:

Kenji Furuhashi, President and CEO

(Securities code: 6804 Tokyo Stock Exchange, Prime Market)

Inquiries:

Takafumi Tsuru, Executive Officer and

General Manager of President Office

(TEL: +81-72-993-1010)

Notice Regarding Status of Acquisition of

Treasury Shares and its Completion and Cancellation of Treasury Shares

(Acquisition of Treasury Shares Under the Provisions of the Articles of Incorporation Pursuant to the Provisions of Article 165, Paragraph (2) of the Companies Act and Cancellation of Treasury Shares Under the Provisions of Article 178 of the Companies Act)

Hosiden Corporation (the "Company") hereby announces that Company completed acquiring its treasury shares pursuant to the provisions of Article 156 of the Companies Act, applied by replacing terms pursuant to the provisions of Article 165, paragraph 3 of said Act and that the total number of shares to be cancelled pursuant to the provisions of Article 178 of the Companies Act in accordance with the resolution at the meeting of the Board of Directors held on May 12, 2023, as described below.

1. Results of the acquisition of treasury shares

(1) Class of shares acquired:

Common shares of the Company

  1. Total number of shares acquired: 625,000 shares
  2. Total value of shares acquired: 1,093,441,800 yen

(4) Acquisition period:

From June 1, 2023 to June 13, 2023

(on a contract basis)

(5) Acquisition method:

Market purchase through trust system on the Tokyo

Stock Exchange

2. Details of the cancellation of treasury shares

(1) Class of shares to be cancelled:

Common shares of the Company

  1. Number of shares to be cancelled: 1,600,000 shares( 2.54％ of total number of issued shares before cancellation)

(3) Schedule date of cancellation:

August 31, 2023

(For reference)

1. Details of the acquisition of treasury shares resolved at the meeting of the Board of

Directors held on May 12, 2023

(1) Class of shares to be acquired:

Common shares of the Company

(2) Total number of shares to be acquired:

1,600,000 shares (maximum)

(3.00% of total number of issued shares (excluding

treasury shares))

(3) Total amount of share acquisition costs: 3.0 billion yen (maximum)

(4) Acquisition period:

From May 15, 2023 to July 14, 2023

(5) Method of acquisition:

Market purchase on the Tokyo Stock Exchange

  1. Cumulative total shares acquired pursuant to the resolution.
    (1) Total number of shares acquired: 1,600,000 shares
    (2) Total value of shares acquired: 2,816,367,800 yen
  2. Details of the cancellation of treasury shares resolved at the meeting of the Board of

Directors held on May 12, 2023

(1) Class of shares to be canceled: Common shares of the Company

(2) Total number of shares to be canceled: The total number of treasury shares to be acquired in 1. above.

(3) Scheduled date of cancelation: August 31, 2023

※The total number of issued shares of the Company after the cancellation is 61,410 ,084 shares.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Hosiden Corporation published this content on 19 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 June 2023 00:46:09 UTC.