November 27, 2015
Representative: Naoto Mimatsu, President Listing Code No.: 8140
Listing: First Section, Tokyo Stock Exchange Inquiries: Norihiko Takahashi
General Manager
Corporate Planning Headquarters IR and Publicity Office
TEL: +81-3-3862-3816
(Based on Articles of Incorporation in Accordance with Provisions of Article 459-1 of Company Law)
Ryosan Company, Limited. ('the Company') has announced that the Company determined items related to purchasing treasury stock based on Articles of Incorporation in accordance with provisions of Article 459-1 of the Company Law at the Board of Directors held on November 27, 2015. Details are listed below.
Reason for purchase of treasury stock
To implement adroit capital policy in response to changes in the management environment.
Details of share purchase
Class of shares to be purchased: Common stock (2)Total number of shares to be purchased: Up to 1,320,000 shares
(Ratio of total number of outstanding shares: 4.19%) (3)Total value of shares to be purchased: Up to ¥4,620 million
(4) Purchase period: November 30, 2015-March 31, 2016
Reference:
Status of holdings for treasury stock as of September 30, 2015
Total number of outstanding shares (excluding treasury stock): | 31,016,728 shares |
Treasury stock: | 483,272 shares |
distributed by |