Kanamoto : Notification Concerning Progress on Purchase of Treasury Shares

Notification Concerning Progress on Purchase of Treasury Shares 2024/03/01 on Japan | Page. 1/1

Friday, March 1, 2024

FOR IMMEDIATE RELEASE

Kanamoto Co., Ltd.

Stock Code 9678

Tokyo Stock Exchange Prime Market, Sapporo Stock Exchange

President and CEO	Tetsuo Kanamoto
Director and Corporate Officer, Division	Shun Hirose
Manager, Accounting Division and
General Manager, Public Relations Office
Telephone: [phone]

Notification Concerning Progress on Purchase of Treasury Shares

(Purchase of treasury shares based on the provisions of the Articles of Incorporation

pursuant to the provisions of Article 165, paragraph (2) of the Companies Act)

Kanamoto Co., Ltd. hereby announces that it has implemented, as described below, the purchase of treasury shares based on the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act. The progress on this purchase of treasury shares is as follows.

1. Details of matters relating to purchase
(1)	Type of shares purchased	Common shares of the Company
(2)	Acquisition period	February 1, 2024 - February29, 2024 (on a contract basis)
(3)	Total number of shares purchased	172,000shares
(4)	Total acquisition price of shares purchased	¥493,380,493
(5)	Acquisition method	Purchase by stock exchange market
(Reference) Details of the resolution at the meeting of the Board of Directors held on December 8, 2023
(1)	Type of shares to be purchased	Common shares of the Company
(2)	Total number of shares to be purchased	900,000 shares (maximum)
		(2.50% of the total number of shares outstanding, excluding
		treasury shares)

1. Total acquisition price of shares to be purchased
2. Acquisition period
3. Acquisition method

¥2.0 billion (maximum)

December 11, 2023 - August 30, 2024 Purchase by stock exchange market

2. Total treasury shares purchased as of February 29, 2024 based on the aforementioned Board of Directors' resolution

(1)	Total number of shares purchased	413,000shares
(2)	Total acquisition price	¥ 1,175,521,483

End