SUGI : Notice Regarding the Result of the Acquisition of Treasury Stock
September 03, 2018 at 02:47 am EDT
Share
September 3, 2018
Company name: Sugi Holdings Co., Ltd.
Representative: Eiichi Sakakibara,
Representative Director & President
Stock code: 7649, 1st Section of Tokyo Stock Exchange and Nagoya Stock Exchange
Contact: Toshiyuki Hirai, General Manager,
Finance & Accounting Department
Tel: 0562-45-2740
Notice Regarding the Result of the Acquisition of Treasury Stock (Acquisition of treasury stock under the provisions of the Articles of Incorporation pursuant to the provisions of Article 459, paragraph 1 of the
Companies Act)
Sugi Holdings Co., Ltd. hereby announces the implementation of the acquisition of treasury stock in accordance with the provisions of the Articles of Incorporation pursuant to the provisions of Article 459, paragraph 1 of the Companies Act that was decided at the Board of Directors meeting held on April 16, 2018.
1. Class of shares acquired
Common shares
2. Acquisition period
August 1, 2018 to August 31, 2018 (execution basis)
3. Total number of shares acquired
455,400 shares
4. Total acquisition cost
2,672,792,000 yen
5. Acquisition method
Acquisition in the open market of the Tokyo Stock Exchange
(For reference)
1. Resolution of the Board of Directors meeting held on April 16, 2018
(1) Class of shares to be acquired Common shares
(2) Total number of shares that 1,500,000 shares (upper limit)
can be acquired
(Ratio to total number of shares issued [excluding treasury stock]: 2.37%)
(3)
Total acquisition cost
10,000,000,000 yen (upper limit)
(4)
Acquisition period
Apr. 23, 2018 to Oct. 31, 2018
2. Cumulative total of treasury stock acquired in accordance with the resolution of the Board of Directors meeting above (as of August 31, 2018; execution basis)
(1) Total number of shares 1,437,700 shares acquired
(2)Total acquisition cost
8,906,090,975 yen
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Sugi Holdings Co. Ltd. published this content on 03 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 September 2018 06:46:02 UTC
SUGI HOLDINGS CO.,LTD. is a Japan-based holding company mainly engaged in management of the drug stores and dispensing business. Through its subsidiaries, the Company is engaged in the sale of medicines, health foods, cosmetics, daily necessities and prescription preparations, as well as the operation of local healthcare compliant drug store that tackles home healthcare in cooperation with regional medical personnel. The Company also operates visiting nursing stations that closely cooperate with regional medical institutions and social welfare operators, through the provision of visiting nursing services and in-home nursing care support services.