Announcement Concerning the Status of Acquisition of Treasury Stock (Under the provisions of the Company's Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act)[PDF:238.3 KB]
November 07, 2024 at 11:24 pm EST
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Public Relations Group, Corporate Communications Unit
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN
November 8, 2024
Announcement Concerning the Status of Acquisition of Treasury Stock (Under the provisions of the Company's Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act)
TOKYO, JAPAN - INPEX CORPORATION(INPEX) announces that it has acquired its treasury stock based on the provisions of Article 156 of the Companies Act, applicable under the provisions of Article 165, Paragraph 3 of the same Act. Details are as follows.
1.
Type of shares acquired:
Common shares
2.
Period of acquisition:
From October 1, 2024 to October 31, 2024
3.
Total number of shares acquired:
9,570,800 shares
4.
Total cost of acquisition:
19,162,204,350 yen
5. Method of acquisition:
Market purchases on the Tokyo Stock Exchange
(Reference)
1. Details of resolution at a meeting of the Board of Directors held on August 8, 2024
(1)
Type of shares to be acquired:
Common shares
(2)
Total number of shares to be acquired:
Up to 64 million shares
(5.17% of total number of issued shares
excluding treasury stock)
(3)
Total cost of acquisition:
Up to 80.0 billion yen
(4)
Period of acquisition:
From August 9, 2024 to December 31, 2024
(5) Method of acquisition:
Market purchases on the Tokyo Stock Exchange
Note: The shares held by the Board Incentive Plan Trust are not included in the number of treasury stock.
2. Accumulated total of acquired treasury stock until October 31, 2024 pursuant to the abovementioned resolution of the Board of Directors
(1)
Total number of shares acquired:
27,462,000 shares
(2)
Total cost of acquisition:
55,408,506,700 yen
Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0750
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Inpex Corporation published this content on November 08, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on November 08, 2024 at 04:22:09.209.
Inpex Corporation is one of the Japanese largest oil groups. Net sales break down by activity as follows:
- production et distribution of oil (76.4%): 120.1 million barrels sold in 2021;
- production et distribution of natural gas (22%): 13.2 billion m3 sold;
- liquefied petroleum gas production (0.3%);
- other (1.3%).
Net sales are distributed geographically as follows: Japan (10.5%), Asia and Oceania (28.5%), Middle East and Africa (49.7%), Europe and CIS (9.4%) and Americas (1.9%).
Announcement Concerning the Status of Acquisition of Treasury Stock (Under the provisions of the Company's Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act)[PDF: 238.3 KB]
INPEX CORPORATION 
