WACOAL : Announcement Regarding Status of Purchase of Treasury Stock
September 13, 2017 at 10:19 pm EDT
Share
[Translation]
To Whom It May Concern:
September 4, 2017
Company Name: WACOAL HOLDINGS CORP.
Representative: Yoshikata Tsukamoto,
President and Representative Director (Code Number: 3591)
(Tokyo Stock Exchange, First Section)
Contact: Akira Miyagi,
General Manager of Corporate Planning (Telephone: +81(075)682-1010)
Announcement Regarding Status of Purchase of Treasury Stock (Purchase of treasury stock pursuant to the provisions of our Articles of Incorporation as stipulated in Paragraph 1, Article 459 of the Companies Act)
We (the "Company") hereby announce that we have implemented the purchase of treasury stock pursuant to the provisions of Paragraph 1, Article 459 of the Companies Act, regarding which our board of directors adopted resolutions at a meeting held on May 10, 2017, as follows;
Details
1.
Purchase period:
From August 1, 2017 through August 31, 2017
2.
Type of purchased shares:
Common stock of the Company
3.
Number of purchased shares:
0 share
4.
Aggregate purchase price:
0 yen
(Reference)
Matters resolved at our board of directors held on May 10, 2017
Type of shares to be purchased: Common stock of the Company
Total number of shares to be purchased: 2,800,000 shares (at maximum)
(2.04% as to the total number of issued shares)
Aggregate purchase price: 4 billion yen (at maximum)
Purchase period: From May 15, 2017 through December 31, 2017
The aforementioned total number of shares to be purchased (2,800,000 shares) shall be replaced with 1,400,000 shares as of October 1, 2017, the effective date of the share consolidation, pursuant to which two (2) shares will be consolidated into one (1) share, as a result of the agenda item regarding such share consolidation approved at the 69th Ordinary General Meeting of Shareholders of the Company held on June 29, 2017.
Total number of treasury stock which the Company has purchased according to the above-mentioned resolution, as of August 31, 2017
Total number of purchased shares: 1,318,000 shares
Aggregate purchase price: 1,998,521,000 yen
- End -
Wacoal Holdings Corporation published this content on 04 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 September 2017 02:18:01 UTC.
Original documenthttp://www.wacoalholdings.jp/en/ir/news/files/Waoal20170904En_1.pdf
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WACOAL HOLDINGS CORP. is a holding company mainly engaged in the manufacturing and wholesale of innerwear, which include women's foundation wear, lingerie, nightwear and children's underwear; outerwear; sportswear, and other textile goods and related products, as well as the direct sale of certain products to consumers. The Company has four segments: Wacoal business (Domestic), Wacoal business (Overseas), Peach John Business and Other. The Wacoal Business (Domestic) segment is engaged in the planning, design of products, the procurement of raw materials, as well as the provision of products to end consumers through domestic department stores, mass retailers and other general retail stores, directly managed stores, e-commerce sites and domestic and overseas sales companies. The Wacoal Business (Overseas) segment manufactures, sells products such as innerwear. The Peach John Business segment retails products. The Others segment include the manufacture and sale of mannequin dolls.