Notice: This document is an excerpt translation of the original Japanese document and is only for referencepurposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
April 25, 2022
To whom it may concern,
Company name:
JSR Corporation
Representative:
Eric Johnson, Representative Director, CEO
(Code #4185, Tokyo Stock Exchange)
Inquiries to:
Yoshiko Takeda, General Manager
Corporate Communications Dept.
TEL: (03)6218-3517 (Japan)
+81-3-6218-3517 (from abroad)
Notice Regarding Purchase of Treasury Stock
(Purchase of shares pursuant to the provisions of its Articles of Incorporation in accordance with Article 165 (2) of the Corporation Act of Japan)
This serves as notification that JSR Corporation, at the meeting of its Board of Directors held on April 25, 2022, decided to purchase its own shares pursuant to the provisions of Article 156, which is applicable in accordance with Article 165 (3) of the Corporation Act of Japan.
1. Purpose of purchase
To improve capital efficiency and exercise agile capital policies corresponding to changes in the business environment.
Based on the Company's shareholders return policy, which is approx. 50% of total shareholders return ratio while maintaining financial soundness for growth investments, it intends to purchase its own shares.
2.
Details of purchase
1) Type of shares to be purchased: Common shares of the company.
2) Maximum number of shares:
Up to 10,000,000 shares (approximately 4.65% of total number of shares issued (excluding treasury stock)) .
3) Maximum value of buyback: Up to 30,000,000,000 yen.
4) Method of purchase:
Market purchase through a securities company based on a trade contract
5) Period of purchase: From May 9, 2022, to December 30, 2022 (Japan Standard Time).
Reference
Shares held by the company as of March 31, 2022.
- Total number of shares issued (excluding treasury stock): 215,078,245 shares.
- Number of treasury stock shares: 11,047,900 shares.
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JSR Corporation published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 06:18:10 UTC.
JSR Corp mainly conducts digital solutions business, life science business and synthetic resin business. The Company operates in three business segments. The Digital Solution Business manufactures and sells semiconductor materials, display materials and edge computing related products. The Life Science segment is engaged in diagnostic and research reagents and materials, bioprocess materials and drug discovery support services. The Elastomers segment includes synthetic rubbers such as styrene and butadiene rubber, butadiene rubber, and ethylene and propylene rubber, refined processed products, thermoplastic elastomers and processed products, latexes for paper processing, latexes for general industrial use, acrylic emulsions, high-performance dispersants, as well as chemical products such as industrial particles, thermal insulation paint materials, battery materials, and butadiene monomers. The Synthetic Resin segment manufactures and sells acrylonitrile butadiene styrene (ABS) resins.
JSR CORPORATION 
