Sekisui Chemical : Announcement Concerning Status and Completion of Acquisition of Treasury Shares
June 06, 2022 at 03:12 am EDT
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June 6, 2022
Press Release
SEKISUI CHEMICAL CO., LTD.
Announcement Concerning Status and Completion of Acquisition of Treasury Shares
SEKISUI CHEMICAL CO., LTD., based on the applicable provisions Corporate Law Article 156 superseded by Article 165, paragraph 3 of the same law concerning the acquisition of treasury shares, is announcing that it implemented market buying as follows. Moreover, the acquisition of treasury shares based on the resolution of the Board of Directors meeting held on April 27, 2022 has been completed.
Type of shares to be acquired: Common shares of SEKISUI CHEMICAL
Total number of shares acquired: 1,211,300 shares
Total cost of the acquisition: 2,281,796,300 yen
Acquisition period: From June 1, 2022 to June 6, 2022
Acquisition method: Market buying on the Tokyo Stock Exchange
(Reference)
Details of the resolution of the Board of Directors meeting held on April 27, 2022
Type of shares to be acquired: Common shares of SEKISUI CHEMICAL
Total number of shares to be acquired: Up to 8,000,000 shares (maximum) (Percentage of total number of issued shares (excluding treasury stock): 1.80%)
Total acquisition cost: Up to 16 billion yen (maximum)
Acquisition period: From April 28, 2022 to March 31, 2023
Status of the acquisition as of June 6, 2022
Total number of shares acquired: 8,000,000 shares
Total amount of acquisition cost: 14,071,670,800 yen
Press Contact
SEKISUI CHEMICAL CO., LTD.
Public Relations Department
Fax: (+81) 3-6748-6547
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Sekisui Chemical Co. Ltd. published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 07:11:01 UTC.
Sekisui Chemical Co., Ltd. is a company that operates in four business segments .The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as the construction and sale of interior items, exterior items and real estate. The Environment and Life Line segment offers vinyl chloride pipe and fittings, polyethylene pipe and fittings, system pipe, aqueduct/water conduit rehabilitation materials, reinforced plastic composite pipes, and building materials, among others. The High-performance Plastics segment offers intermediate films for laminated glass, foamed polyolefin, tapes, particulate for liquid crystal and sensitive materials and test drug, among others. The Others segment is engaged in the manufacture and sale of film type lithium ion battery, as well as the provision of other products and services.