Toho : Notice of Acquisition of Company Stock and Cancellation of Those Shares(155 KB)
September 15, 2023 at 02:41 am EDT
Share
September 15, 2023
To whom it may concern:
Company Name
TOHO HOLDINGS CO., LTD.
Corporate
Atsushi Udoh, Representative Director,
Representative
CEO
(Prime Market of Tokyo Stock Exchange
Securities Code: 8129)
Contact:
Makoto Kawamura, Corporate Officer
and General Manager, Corporate
Communications and Investor Relations
Division
(TEL: 81-3-6838-2803)
Notice of Acquisition of Company Stock and Cancellation of Those Shares
(Acquisition of Company Stock Pursuant to Articles of Incorporation under Article 165, Paragraph 2 of the
Corporations Act and Cancellation of Those Shares Pursuant to Article 178 of the Same Act)
TOHO HOLDINGS CO., LTD. (the "Company") is pleased to announce that its Board of Directors, at its meeting held on September 15, 2023, resolved to acquire company stock pursuant to the provision of Article 156 of the Companies Act of Japan, as applied mutatis mutandis under Article 165, Paragraph 3 of the Companies Act, and to cancel those shares pursuant to the Article 178 of the same Act., as described below.
1．Reason of Acquisition of Company Stock
To improve shareholder return and capital efficiency.
2．Details of Acquisition
(1)
Type of stock acquired:
Common stock of this company
(2)
Total number of shares acquired:
2,500,000 shares (Maximum)
(3.87% of the total number of outstanding shares (excluding
treasury stock))
(3)
Total cost of stock acquired:
6,000,000,000 yen (Maximum)
(4)
Period of acquisition:
from September 19, 2023 to March 31, 2024
(5)
Method of acquisition:
Purchase at the Tokyo Stock Exchange
Some or all orders may not be executed due to market trends, etc.
3．Details of Cancellation
(1)
Type of stock to be cancelled:
Common stock of this company
(2)
Total number of shares to be cancelled: All of the shares acquired as described in 2. above
(3)
Planned cancellation date:
March 31, 2024
The number of shares to be cancelled will be announced after the completion of the acquisition period as described in 2. above.
(Reference)
Company Stock Held by the Company in Treasury as of August 31, 2023
・Number of shares issued and outstanding (excluding common stock for treasury): 64,619,709 shares
・Number of shares held in treasury: 13,650,433 shares
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Toho Holdings Co. Ltd. published this content on 15 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2023 06:40:05 UTC.
Toho Holdings Co Ltd is a Japan-based company mainly engaged in the pharmaceutical wholesale business. The Company operates through five business segments. The Pharmaceutical Wholesale segment purchases pharmaceuticals and medical-related products from pharmaceutical manufacturers and sells them to hospitals, clinics and dispensing pharmacies. It is also engaged in the provision of data processing system and rental of real estate. The Dispensing Pharmacy segment is engaged in the management of insurance dispensing pharmacies and dispensing pharmacies. The Pharmaceutical Manufacture and Sale segment is engaged in the manufacture and sale of generic drugs and contract manufacturing of injectable drugs. The Clinical Trial Facility Support segment is engaged in the provision of support for clinical trial facilities. The Information Equipment Sales segment is engaged in the planning and sale of information processing equipment.
TOHO HOLDINGS CO., LTD. 
