February 14, 2022 | |
Company name: | Robot Home, Inc. |
Representative: | Daisaku Furuki, Representative Director/CEO |
(Stock exchange code: 1435, TSE First Section) | |
Contact: | Shinji Yasui, Executive Officer/CFO |
(Phone: +81-3-6447-0651) |
Notice Concerning Decision on the Repurchase of the Company's Own Shares
(Repurchase of Own Shares under the Provisions of the Articles of Incorporation Pursuant to Article 165,
Paragraph 2 of the Companies Act)
Robot Home, Inc. (the "Company") hereby announces that, at the meeting of the Board of Directors held on February 14, 2022, the Company resolved the following matters concerning the repurchase of the Company's own shares under the provisions of Article 156 of the Companies Act, as applied by replacing the terms pursuant to Article 165, paragraph 3 of said Act.
1. Reason for repurchase of the Company's own shares
The Company's own shares will be repurchased to enable the flexible execution of capital policies in response to changes in the management environment and M&A strategy as part of the Company's shareholder return policy.
2. Details of matters regarding the repurchase
(1) | Type of shares to be repurchased | Common stock of the Company |
(2) | Total number of shares to be repurchased | Up to ,550,000 shares |
(0.6% of the total number of issued shares, excluding treasury stock) | ||
(3) | Total amount of repurchase price | Up to ¥100,000,000 |
(4) | Repurchase period | From February 15, 2022 to March 14, 2022 |
(5) | Repurchase method | Market purchases based on the discretionary dealing contract |
(Reference)
Status of holding of the Company's own shares as of February 14, 2022 Total number of shares outstanding (excluding treasury stock)
Number of the Company's own shares
90,365,400
761,600