December 1, 2021
Name of Company: KLab Inc. Representative: Hidekatsu Morita,
Representative Director, President and CEO (TSE1: 3656)
Direct Inquiries to: Kazuyuki Takata,
Senior Managing Director and CFO E-mail Address: ir@klab.com
Notice Concerning Status (Progress Report) of Share Repurchase
(Share Repurchase Based on the Provisions in the Company's Articles of Incorporation Pursuant to the
Provisions of Article 459, Paragraph 1 of the Companies Act)
KLab Inc. (the "Company") has announced the status of the repurchase of Company shares that its Board of Directors resolved at a meeting held on February 19, 2021 based on the provisions in the Company's Articles of Incorporation pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act as follows.
Notes | ||
Status of Share Repurchase | ||
(1) | Class of shares repurchased | Common stock of the Company |
(2) | Total number of shares repurchased | 0 shares |
(3) | Total amount of shares repurchased | 0 yen |
(4) | Repurchase period | November 1, 2021 to November 30, 2021 (execution basis) |
(5) | Method of purchase | To be purchased through the Tokyo Stock Exchange |
(Reference)
1. Details of the Resolution at the Board of Directors Meeting Held on February 19, 2021
(1) | Class of shares to be repurchased | Common stock of the Company |
(2) | Total number of shares to be | 900,000 shares (maximum) |
repurchased | (2.34% of total issued shares outstanding, excluding treasury stock) | |
(3) | Total amount of shares to be | 500 million yen (maximum) |
repurchased | ||
(4) | Repurchase period | February 22, 2021 to December 30, 2021 |
(5) | Method of purchase | To be purchased through the Tokyo Stock Exchange |
2. Cumulative Total of Shares Repurchased Based on the Above Resolution (as of November 30, 2021)
(1) | Total number of shares repurchased | 434,700 shares |
(2) | Total amount of shares repurchased | 294,234,400 yen |