Announcement of the Status and Conclusion Concerning Acquisition of Treasury Shares 2025/02/27 on Japan | Page. 1/1
Thursday, February 27, 2025
FOR IMMEDIATE RELEASE
Kanamoto Co., Ltd.
Stock Code 9678
Tokyo Stock Exchange Prime Market, Sapporo Stock Exchange
President and CEO | Tetsuo Kanamoto |
Director and Corporate Officer, Division | Shun Hirose |
Manager, Accounting Division and | |
General Manager, Public Relations Office | |
Telephone: +81-11-209-1631 |
Announcement of the Status and Conclusion Concerning
Acquisition of Treasury Shares
(Purchase of treasury shares based on the provisions of the Articles of Incorporation
pursuant to the provisions of Article 165, paragraph (2) of the Companies Act)
Kanamoto Co., Ltd. hereby announced that the Company has acquired treasury shares, under Article 165, paragraph
- of the Companies Act, as follows. This concludes the Company’s acquisition of treasury shares authorized by the resolution approved at the meeting of the Board of Directors held on December 6, 2024.
1. Details of matters relating to purchase | ||
(1) | Type of shares purchased | Common shares of the Company |
(2) | Acquisition period | February 1, 2025 – February 26, 2025 (on a contract basis) |
(3) | Total number of shares purchased | 300,000shares |
(4) | Total acquisition price of shares purchased | ¥920,737,691 |
(5) | Acquisition method | Purchase by stock exchange market |
(Reference) Details of the resolution at the meeting of the Board of Directors held on December 6, 2024 | ||
(1) | Type of shares to be purchased | Common shares of the Company |
(2) | Total number of shares to be purchased | 900,000 shares (maximum) |
(2.54% of the total number of shares outstanding, excluding | ||
treasury shares) |
- Total acquisition price of shares to be purchased
- Acquisition period
- Acquisition method
¥2.0 billion (maximum)
December 9, 2024 - August 29, 2025 Purchase by stock exchange market
2. Total treasury shares purchased as of February 26, 2025 based on the aforementioned Board of Directors’ resolution
(1) | Total number of shares purchased | 637,300shares |
(2) | Total acquisition price | ¥1,999,849,681 |
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