Ricoh : Announcement Regarding Status of Share Repurchase
July 06, 2022 at 02:24 am EDT
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July 6, 2022
Company Name: Ricoh Company, Ltd.
President and CEO: Yoshinori Yamashita
Stock code: 7752 (Prime of Tokyo Stock Exchange)
Contact: Takashi Kawaguchi
Corporate Officer and CFO
Tel. +81-50-3814-2805
Announcement Regarding Status of Share Repurchase
Ricoh Company, Ltd., announces the status of share repurchase resolved in the Board of Directors meeting held on May 10, 2022, in accordance with Article 156 of the Companies Act of Japan and pursuant to Article 165, Paragraph 3, of the Companies Act.
（１）
Share category
Common stock
（２）
Number of shares
5,441,700 shares
（３）
Repurchase cost
¥ 6,102,299,500
（４）
Period
June 1, 2022, through June 30, 2022
(on trade date basis)
（５）
Method
Open market purchase on Tokyo Stock Exchange
(Reference)
1. The matters for resolution at the Board of Directors meeting held on May 10, 2022
（１）
Share category
Common stock
（２）
Number of shares
Up to 48,000,000 (representing 7.5% of issued and
outstanding shares excluding treasury shares)
（３）
Repurchase ceiling
¥30 billion
（４）
Period
May 11, 2022, through September 30, 2022
（５）
Method
Open market purchase on Tokyo Stock Exchange
2. Total number of shares repurchase (as of June 30, 2022)
(1)
Total number of shares repurchase
10,968,200 shares
(2)
Total repurchase cost
¥ 11,811,048,200
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Disclaimer
Ricoh Company Ltd. published this content on 06 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2022 06:23:05 UTC.
Ricoh Company, Ltd. is one of the world's leading office equipment manufacturers. Net sales break down by family of products and services as follows:
- office automation equipment (48.5%): photocopiers, fax machines and printing systems;
- IT equipment and network systems (31.6%): PCs, servers, software, etc. The group also offers installation and start-up, training, technical support, and maintenance services;
- commercial and industrial printing solutions and systems (9.5%): inkjet print heads, imaging systems, commercial and industrial printers;
- thermal paper and thermal transfer ribbons (3.4%): for label printing;
- other (7%): primarily optical equipment, semiconductor, electronic components, measurement systems, photographic equipment, integrated circuits, and electronic processing equipment.
Net sales break down geographically as follows: Japan (44.8%), Europe/Middle East/Africa (23.4%), Americas (23%) and other (8.8%).
RICOH COMPANY, LTD. 
