Nabtesco Corporation TSE:6268
Nabtesco : Notice Regarding the Amendment of Cancellation of Treasury Shares
Source: MarketScreener
（Translated）
June 30, 2021
To whom it may concern,
Company name: Nabtesco Corporation
Representative: Katsuhiro Teramoto, Representative Director, President & CEO
(Securities Code: 6268; 1st Section, Tokyo Stock Exchange)
Contact: Yasushi Minegishi, General Manager, Corporate Communication Department.
(Tel. +81-3-5213-1134)
Notice Regarding the Amendment of Cancellation of Treasury Shares
(Cancellation of treasury shares pursuant to Article 178 of the Companies Act)
The Company hereby announces that its Board of Directors, at a meeting held on June 30, 2021, resolved to partially amend the cancellation of treasury shares, resolved at its Board of Directors meeting on January 29,2021 in accordance with Article 178 of the Companies Act as detailed below.
1. Details and amendment of the cancellation of own shares
Resolved on January 29,2021 | Resolved on June 30, 2021 | ||||
(Underling the amendment) | |||||
(1) Class of shares to be | Common shares of the Company | Common shares of the Company | |||
cancelled | |||||
(2) Number of shares to be | All the shares acquired based on the | ||||
resolution at the meeting of the | 4,069,700 shares | ||||
cancelled | Board of Directors on January | ||||
29,2021 | |||||
(3) Scheduled date for the | December 30, 2021 | July 15, 2021 | |||
cancellation | |||||
2. Status of the shares as of December 31, 2020 | |||||
Before the cancellation | After the cancellation | ||||
(As of June 30, 2021) | (As of July 15, 2021) | ||||
Number of shares outstanding (including | 125,133,799 shares | 121,064,099 shares | |||
treasury stock) | |||||
(Reference)
1. Details of the resolution at the meeting of the Board of Directors (announced on January 29, 2021)
(1) | Class of shares to be acquired | Common shares of the Company |
(2) | Total number of shares which can be | Up to 4.4 million shares |
acquired | (Ratio of outstanding shares (excluding treasury shares): 3.54%) | |
(3) | Total amount of share acquisition cost | Up to JPY 20 billion |
(4) | Acquisition period | February, 1, 2021, through to December 30, 2021 |
(5) | Method of acquisition | Open market purchase on the Tokyo Stock Exchange |
2. Details of the total amount of shares acquired as approved at the meeting above. | ||
(1) | Total number of shares acquired | 4,069,700 shares |
(2) | Total amount of shares acquisition | JPY 19,999,699,461 |
cost | ||
(3) | Acquisition period | February, 1, 2021, through to June 11, 2021 |
End.