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.
May 14, 2024 | |
Company name: | Morinaga & Co., Ltd. |
Name of representative: | Eijiro Ota, Representative Director, President |
(Securities code: 2201; Prime Market of the | |
Tokyo Stock Exchange) | |
Inquiries: | Natsuko Okamoto, General Manager, |
Corporate Communication Division | |
(Telephone: +81-3-3456-0150) |
Notice Regarding the Results of the Repurchase of Treasury Stock via ToSTNeT-3 and
Completion of Repurchase of Treasury Stock
Morinaga & Co., Ltd. (the "Company") announces that the Company has executed the repurchase of treasury stock as notified on May 13, 2024, as noted below.
Moreover, with today's repurchase, the repurchase of treasury stock based on the resolution passed at the Board of Directors meeting held on May 10, 2024 has been completed.
1. Purpose of repurchase of treasury stock
To enhance returns to shareholders and improve capital efficiency
2. Repurchase details
(1) | Type of shares repurchased | Common shares of the Company |
(2) | Total number of shares repurchased | 940,000 shares |
(3) | Total amount for repurchase of shares | 2,368,800,000 yen |
(4) | Repurchase date | May 14, 2024 |
(5) | Method of repurchase | Repurchase through Tokyo Stock Exchange off-auction own |
share repurchase trading system (ToSTNeT-3) | ||
(Reference) Details of resolution at the Board of Directors meeting held on May 10, 2024 | ||
(announced on May 10, 2024) | ||
(1) | Type of shares repurchased | Common shares of the Company |
(2) | Total number of shares to be repurchased | Up to 1,100,000 shares |
Ratio of total number of shares issued (excluding treasury | ||
stock): 1.21% | ||
(3) | Total amount of repurchase of shares | Up to 3,520,000,000 yen |
(4) Period of repurchase | May 13, 2024 to May 17, 2024 | |
(5) | Method of repurchase | Repurchase through Tokyo Stock Exchange off-auction own |
share repurchase trading system (ToSTNeT-3) |