Company Name Representative
Inquiries
March 10, 2022
Casa Inc.
President Seigo Miyaji
(Code number: 7196 TSE First Section)
Yusuke Takasugi,
Director, General Manager of
Business Administration Department
(TEL.03-5339-1143)
Notice regarding decision on matters related to treasury stock acquisition
(Acquisition of treasury stock based on the provisions of the Articles of Incorporation pursuant to the provisions of Article 165, Paragraph 2 of the Companies Act)
At the board of directors meeting held on March 10, 2022, the Company will be involved in the acquisition of treasury stock based on the provisions of Article 156 of the Companies Act, which is applied by replacing the provisions of Article 165, Paragraph 3 of the Companies Act as follows. We are pleased to inform you that we have resolved the matters.
1. Reasons for acquiring treasury stock
To enhance shareholder returns and improve capital efficiency
2. Contents of matters related to acquisition
- Types of shares to be acquired: Company's common stock
- Total number of shares to be acquired: 130,000 shares (upper limit)
(Ratio to the total number of issued shares (excluding treasury stock) 1.29%)
- Total acquisition price of shares: 100 Million Yen (upper limit)
- Acquisition period of treasury stock: From March 11, 2022 to April 10, 2022
(Reference) Treasury stock holding situation as of February 28, 2022 | |
Total number of issued shares (excluding treasury stock): | 10,049,954 shares |
Number of treasury stock: | 1,152,746 shares |