Kawasaki Kisen Kaisha : Notice Regarding the Status of Own Share Repurchase
December 01, 2022 at 01:04 am EST
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N E W S L E T T E R
December 1, 2022
Notice Regarding the Status of Own Share Repurchase
Kawasaki Kisen Kaisha, Ltd. ("K" LINE) hereby announces the status of the Companyʼs own share repurchase as follows pursuant to Article 156 of the Companies Act of Japan, which applies pursuant to Article 165, paragraph 3, of that law
Details of Share Repurchase
1.Class of shares:
Common stock
2.Total number of shares repurchased: 22,666,800 shares
3.Total repurchase amount:
54,338,736,966 yen
4.Period of own share repurchase:
From November 8, 2022 through November 30,
2022
(Reference)
1.Details of the share repurchase plan authorized by the Board of Directors on November 4, 2022:
(1)Class of shares:
Common stock
(2)Total number of shares
that may be repurchased:
Up to 35,236,000 shares (12.41% of the total
number of shares issued, excluding treasury
stock)
(3)Total repurchasable amount:
100 billion yen
(4)Period of repurchase:
From November 8,2022 through March 31,
2023
2.Total number and yen amount of own shares repurchased from November 8, 2022 through November 30, 2022, pursuant to the Board of Directors resolution above:
(1)Total number of shares repurchased: 22,666,800 shares
ｻｽﾃﾅﾋﾞﾘﾃｨ・環境経営推進・IR・広報ｸﾞﾙｰﾌﾟ Corporate Sustainability, Environment Management, IR and Communication Group
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K Line - Kawasaki Kisen Kaisha Ltd. published this content on 01 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2022 06:03:05 UTC.
Kawasaki Kisen Kaisha, Ltd. is one of the Japanese largest maritime transportation providers. Net sales break down by activity as follows:
- logistics services (50.2%): warehousing, freight handling, port services, etc.;
- maritime transportation of freight (48.4%): transportation of dry bulk, oil products, liquefied natural gas, vehicles, containers, etc. At the end of March 2022, the group had a fleet of 434 vessels;
- other (1.4%).
Net sales are distributed geographically as follows: Japan (87.4%), Asia (6.3%), Europe (4.1%), the United States (2%) and other (0.2%).
KAWASAKI KISEN KAISHA, LTD. 
