March 17, 2022
To whom it may concern
Company name: Representative:Okamura Corporation Masayuki Nakamura
Representative Director, President and Chief Executive Officer
(Code: 7994, Listing: First Sections of Tokyo Stock Exchange)Contact: TEL:Sakae Fukuda, Director and Executive Officer, CFO +81-(0)45-319-3445
Announcement of Acquisition Result of Treasury Shares through Off-Auction Treasury Share
Repurchase Trading (ToSTNeT-3) and Termination of Acquisition of Treasury Shares
The Company provides notice that, with respect to the acquisition of treasury shares announced yesterday (March 16, 2022), it placed the following purchase order today.
Additionally, the entire acquisition of treasury shares based on the resolution of the Board of Directors meeting held on March 16, 2022 terminated with this acquisition.
1. Purpose of acquisition of treasury shares
To enable the Company to put capital policies into practice flexibly in response to changes in its business environment
2. Details of matters concerning the acquisition
(1) Class of shares to be acquired | Common stock |
(2) Total number of acquired shares | 1,259,600 shares |
(3) Aggregate amount of acquisition cost | 1,488,847,200 yen |
(4) Acquisition date | March 17, 2022 |
(5) Acquisition method | Purchase through Off-Auction Treasury Share Repurchase Trading (ToSTNeT-3) of the Tokyo Stock Exchange |
Reference:
Resolution of Board of Directors meeting on acquisition of treasury shares (announced on March 16, 2022)
(1) Class of shares to be acquired | Common stock |
(2) Total number of shares to be acquired | 1,300,000 shares (maximum) (Percentage compared to the total number of shares outstanding (excluding treasury shares): 1.31%) |
(3) Aggregate amount of acquisition cost | 1,950,000,000 yen (maximum) |
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