Note: This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
April 1, 2025
To whom it may concern
Company name: Representative: Kurabo Industries Ltd. Shinji Nishigaki President
(Securities code: 3106, Tokyo Stock Exchange, Prime Market) Inquiries:
Toru Komatsu
Telephone:
Executive Officer, Manager of General Administration Department +81-6-6266-5111
Notice Regarding Status of Share Repurchase
(Repurchase of own shares pursuant to the provisions of the Articles of Incorporation pursuant to the provisions of Article 165, Paragraph 2 of the Companies Act)
Kurabo Industries Ltd. (the "Company") hereby announces that the Company has repurchased its own shares under the provisions of Article 156 of the Companies Act, as applied following the deemed replacement of terms pursuant to the provisions of Article 165, Paragraph 3 of the Companies Act, as follows.
1. | Type of shares repurchased | Shares of common stock of the Company |
2. | Total number of shares repurchased | 55,100 shares |
3. | Total amount of repurchase costs | 339,430,000 yen |
4. | Repurchase period | From March 1, 2025 to March 31, 2025 (on a contract basis) |
5. | Method of repurchase | Market purchases on the Tokyo Stock Exchange |
(Reference)
1. Resolution at the Board of Directors meeting held on November 7, 2024
(1) Type of shares to be repurchased
(2) Total number of shares to be repurchased
Shares of common stock of the Company Up to 1,300,000 shares
(7.34% of the total number of issued shares, excluding treasury shares)
(3) Total amount of repurchase costs
Up to 6.0 billion yen
(4) Repurchase period
From November 8, 2024 to October 31, 2025
(5) Method of repurchase
Market purchases on the Tokyo Stock Exchange, including those through brokerage on the Off-Auction Own Share Repurchase Trading (ToSTNeT-3)
2.
Progress as of March 31, 2025 (on a contract basis)
(1) Total number of shares repurchased 620,500 shares
(2) Total amount of repurchase costs 3,452,029,000 yen