Okamura : Announcement of Acquisition Result of Treasury Shares through Off-Auction Treasury Share Repurchase Trading (ToSTNeT-3) and Termination of Acquisition of Treasury Shares(PDF 86KB)
March 16, 2022
Share
March 17, 2022
To whom it may concern
Company name: Representative:Okamura Corporation Masayuki Nakamura
Representative Director, President and Chief Executive Officer
(Code: 7994, Listing: First Sections of Tokyo Stock Exchange)Contact: TEL:Sakae Fukuda, Director and Executive Officer, CFO +81-(0)45-319-3445
Announcement of Acquisition Result of Treasury Shares through Off-Auction Treasury Share
Repurchase Trading (ToSTNeT-3) and Termination of Acquisition of Treasury Shares
The Company provides notice that, with respect to the acquisition of treasury shares announced yesterday (March 16, 2022), it placed the following purchase order today.
Additionally, the entire acquisition of treasury shares based on the resolution of the Board of Directors meeting held on March 16, 2022 terminated with this acquisition.
1. Purpose of acquisition of treasury shares
To enable the Company to put capital policies into practice flexibly in response to changes in its business environment
2. Details of matters concerning the acquisition
(1)
Class of shares to be acquired
Common stock
(2)
Total number of acquired shares
1,259,600 shares
(3)
Aggregate amount of acquisition cost
1,488,847,200 yen
(4)
Acquisition date
March 17, 2022
(5)
Acquisition method
Purchase through Off-Auction Treasury Share Repurchase Trading (ToSTNeT-3) of the Tokyo Stock Exchange
Reference:
Resolution of Board of Directors meeting on acquisition of treasury shares (announced on March 16, 2022)
(1)
Class of shares to be acquired
Common stock
(2)
Total number of shares to be acquired
1,300,000 shares (maximum)
(Percentage compared to the total number of shares outstanding (excluding treasury shares): 1.31%)
(3)
Aggregate amount of acquisition cost
1,950,000,000 yen (maximum)
1
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Okamura Corporation published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 05:45:05 UTC.
OKAMURA CORPORATION is a company mainly engaged in the manufacture and sale of office environmental equipment and commercial environmental equipment. The Company operates in two business segments. The Office Environmental segment is engaged in the manufacture and sale of office furniture, communal facility furniture, security products and health care products, among others. The Commercial Environmental segment is engaged in the manufacture and sale of store shelves, freezer showcases, refrigerated showcases and store counters. The Company is also engaged in the manufacture and sale of logistics equipment, such as storage racks for factories and warehouses, logistics automatic equipment and facilities.
Okamura : Announcement of Acquisition Result of Treasury Shares through Off-Auction Treasury Share Repurchase Trading (ToSTNeT-3) and Termination of Acquisition of Treasury Shares(PDF 86KB)