February 3, 2022
Koki Ando
President and Representative Director, CEO
Notice Regarding Acquisition of the Company's Own Shares (Acquisition of Company's own share according to the articles of incorporation
pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
NISSIN FOODS HOLDINGS CO., LTD. (hereinafter "the Company") hereby announces that pursuant to Article 156 of the Companies Act of Japan as modified by the provision of Article 165, Paragraph 3 of the same Act, the Company resolved the acquisition of the Company's own shares at the meeting of the Board of Directors held on February 3, 2022, as follows.
1． Reason for Acquisition of treasury shares To improve capital efficiency
2． Details of the Acquisition
- Type of shares to be acquired: Shares of Common stock of the Company
-
Total number of shares to be acquired: 1,875,000 shares (Maximum)
(1.82% of the total number of shares outstanding (excluding treasury shares)) - Total amount of acquisition price: 12,000,000,000 yen (Maximum)
- Period: From February 4, 2022 to September 30, 2022
- Method of acquisition: Market transactions on the Tokyo Stock Exchange
Reference: Status of the Company's own shares as of December 31, 2021
Total number of shares outstanding (excluding treasury shares): 102,746,049 shares
Number of treasury shares: 2,953,951 shares