Meiji : Notice Concerning the Status of Repurchase of Own Shares
February 01, 2022 at 01:12 am EST
Share
February 1, 2022
Name of Company: Meiji Holdings Co., Ltd.
Name of Representative: Kazuo Kawamura, CEO, President and Representative Director Code Number: 2269, 1st Section, Tokyo Stock Exchange
Notice Concerning the Status of Repurchase of Own Shares
(Acquisition of own shares under the Articles of Incorporation pursuant to Article 165,
paragraph 2 of the Corporation Law of Japan)
Meiji Holdings Co., Ltd. today announces the status of the repurchase of its own shares conducted under Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3 of the same law, as described below.
1.
Class of shares
Common stock
2.
Aggregate number of shares repurchased
912,900 shares
3.
Aggregate amount paid for repurchase
JPY 6,448,292,000
4.
Period of repurchase
From January 6, 2022 to January 31, 2022
(Account day basis)
5.
Method of repurchase
Purchased on the Tokyo Stock Exchange
Note 1
Detail of the resolutions regarding the repurchase of own shares approved at the Board of Directors'
meeting held on November 9, 2021
(1)
Class of shares
Common stock
(2)
Total number of shares to be repurchased
5 million shares (maximum)
(3.3 % of total shares outstanding, excluding treasury stock)
(3)
Total amount to be paid for repurchase
JPY 30 billion (maximum)
(4)
Period of repurchase
From November 10, 2021 to March 31, 2022
(5)
Method of repurchase
Purchase on the Tokyo Stock Exchange
Other
We plan to retire all shares repurchased under this program by resolution of the Board of Directors, pursuant to the provisions of Article 178 of the Companies Act.
Note 2
Aggregate number and aggregate price of shares repurchased as of January 31, 2022 based on the resolution adopted by the Board of Directors on November 9, 2021.
(1)
Aggregate number of shares repurchased
2,473,800 shares
(2)
Aggregate price of shares repurchased
JPY 17,314,304,000
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Disclaimer: This English translation is prepared for the readers' convenience. When there are any discrepancies between the original Japanese version and English translation version, the original Japanese version always prevails.
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Meiji Holdings Co. Ltd. published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 06:11:05 UTC.
Meiji Holdings Co., Ltd. is a diversified group organized around 2 areas of activity:
- manufacturing of food products (81.5% of net sales): infantile nutrition products, confectionery, dairy products, beverages, energetic products, frozen products, etc.;
- manufacturing of pharmaceutical products (18.5%): prescription drugs and OTC products.