Inabata : Notice of Partial Amendments Regarding Retirement of Treasury Shares
March 27, 2022 at 11:31 pm EDT
Share
To whom it may concern:
March 28, 2022
Company name: Inabata & Co., Ltd.
Representative: Katsutaro Inabata, Director, President
(Stock code: 8098, First Section of the Tokyo Stock Exchange)Inquiries:
Koichi Noda, General Manager, Financial Management Office (TEL 03-3639-6421)
Notice of Partial Amendments Regarding Retirement of Treasury Shares
(Retirement of treasury shares in accordance with the provisions of Article 178 of the Companies Act)
Inabata & Co., Ltd. (the "Company") had resolved at a meeting of its Board of Directors held on February 7, 2022 to retire treasury shares pursuant to Article 178 of the Companies Act of Japan. However, the Company hereby announces that it has resolved at a meeting of its Board of Directors held today to make partial amendments to the contents of the resolution.
Details of matters and amendments relating to the retirement of treasury shares
Before amendment
After amendment
(1) Class of shares to be retired
Common shares
Common shares
(2) Total number of shares to be
retired
All shares acquired by resolution of the Board of Directors on
February 7, 2022
3,085,100 shares
(3) Scheduled date of retirement
October 6, 2022
April 5, 2022
(Reference)
1. Details of resolution regarding the acquisition of treasury shares (meeting of the Board of Directors held on
February 7, 2022)
(1) Class of shares to be acquired: Common shares
(2) Total number of shares that can be acquired: 3,500,000 shares (upper limit)
(Percentage to the total number of issued shares (excluding treasury shares): 5.80%)
(3) Aggregate amount of acquisition price:
¥7,500 million (upper limit)
(4) Acquisition period:
From February 8, 2022 to August 31, 2022
(5) Method of acquisition:
Market purchase on the Tokyo Stock Exchange
2. Total number of treasury shares acquired based on the above resolution of the Board of Directors
(1) Total number of shares acquired:
3,085,100 shares
(2) Aggregate amount of acquisition price:
¥7,499,947,000
(3) Acquisition period:
From February 8, 2022 to February 25, 2022
* Please refer to the "Notice Concerning Open-Market Purchase of Treasury Shares and Completion of
Acquisition, and Concerning the Number of Treasury Shares to be Retired" disclosed on February 28, 2022.
3. Details of resolution regarding the retirement of treasury shares (meeting of the Board of Directors held on
February 7, 2022)
(1) Class of shares to be retired:
Common shares
(2) Number of shares to be retired:
Total number of the treasury shares acquired through 1.
above
(3) Scheduled date of retirement:
October 6, 2022
4. The total number of issued shares of the Company after the retirement will be 57,714,127 shares.
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Inabata & Co. Ltd. published this content on 28 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2022 03:30:08 UTC.
Inabata & Co., Ltd. is a Japan-based company that sells information and electronics, chemicals and other products. It operates in five business segments. The Information and Electronics segment provides semiconductors and liquid crystal materials, machinery equipment, ink for copiers and printers, as well as materials for electronics industry. The Chemical segment offers raw materials of automobile components, resins and gum, paintings and inks, paper manufacturing chemicals. The Living Industry segment sells intermediates for medical and agricultural chemicals, fine chemicals, raw materials of pesticide and toiletries, functional food, marine products, agricultural products, and starches. The Synthetic Resin segment provides general-purpose resins and engineering plastic. The Housing Environment segment sells wood, bonded wood, wood construction materials, housing equipment and housing-related materials.
INABATA & CO.,LTD. 
