August 27, 2021 | |
Company name | BeNext-Yumeshin Group Co. |
Name of Representative | Yutaka Nishida, |
Chairman and Representative Director, CEO | |
(Code: 2154 1st Section of TSE) | |
Contact | Hiroshi Sato |
Board Director | |
Telephone Number | 03-6672-4181 |
Notice of Repurchase of Treasury Stock through Off-Auction Purchase of Treasury Stock (ToSTNeT-3)
We hereby notify you today that we have decided, as one of the specific methods for repurchase of treasury stock pursuant to the provisions of Article 156 of the Companies Act as applied by replacing certain terms pursuant to the provisions of Article 165, Paragraph 3 of the Companies Act, as announced on August 6, 2021, to make the repurchase of treasury stock through ToSTNeT-3 as follows.
1.Method of acquisition
Purchase will be consigned at the closing price today (August 27, 2021) of ¥1, 185, through the Tokyo Stock Exchange's Off-August 8:45 AM Purchase Program (ToSTNeT 3) on August 30, 2021 (no other changes will be made to the trading system or trading hours). Such Purchase Order shall be for such trading hours only.
2.Details of Acquisition | ||
(1)Type of shares | Shares of our common stock | |
(2)Number of shares to be acquired | 600,000 shares | |
(0.66% of the total number of issued shares (excluding treasury stock)) | ||
(3)Total value of shares repurchased | 711,000,000 Yen |
(4)Announcement of Repurchase Results The results of the acquisition will be announced after the close of trading at 8:45
a.m. on August 30, 2021.
(Note 1) No such change in the number of shares will be made. However, it may not be able to repurchase all
or part of the shares due to market conditions and other factors.
(Note 2) Purchase is made with a sales order that is logarithmic to the number of shares to be acquired.
(Reference)
Details of the resolution on the acquisition of treasury stock (announced on August 6, 2021)
(1)Type of shares Shares of our common stock
(2)Number of shares to be acquired | Up to 4,000,000 shares |
(4.4% of the total number of issued shares (excluding treasury stock)) | |
(3)Total value of shares repurchased | 40 Billions of yen (maximum) |
(4)Acquisition period | From August 10, 2021 to June 30, 2022 |
Cumulative number of treasury stock acquired in accordance with the above resolution of the Board of Directors
(1)Aggregate number of shares repurchased | 0 shares |
(2)Total value of shares repurchased 0 yen |