Stanley Electric Co., Ltd. TSE:6923
Stanley Electric : Notice of the Status of Purchase of Treasury Stock
Source: MarketScreener
February 3, 2025
To whom it may concern
Company name: Stanley Electric Co., Ltd.
Representative: Yasuaki Kaizumi, President and Representative Director
Securities code: 6923 (TSE Prime Market)
Contact: Ikuo Kuwata, Executive Officer, Executive General Manager,
Corporate Administration Division
Tel: +81-3-6866-2222
Notice of the Status of Purchase of Treasury Stock
(Purchase of treasury stock in accordance with the provisions of Articles of Incorporation based on
Article 459, Paragraph 1, Item 1 of the Companies Act)
Stanley Electric Co., Ltd. (hereinafter the "Company") hereby announces that regarding purchase of treasury stock in accordance with the provisions of Articles of Incorporation based on Article 459, Paragraph 1, Item 1 of the Companies Act, the Company executed the purchase as described below.
1. | Type of shares purchased: | Common stock of the Company |
2. | Total number of shares purchased: | 2,042,400 shares |
3. | Total purchase price of shares: | 5,317,294,000 yen |
4. | Purchase period: | From January 1, 2025 to January 31, 2025 (contract basis) |
5. | Purchase method: | Market purchase on the Tokyo Stock Exchange |
(Reference)
1. Resolution by the Board of Directors at its meeting held on July 29, 2024
(1) | Type of shares to be purchased: | Common stock of the Company |
(2) | Total number of shares to be purchased: Up to 13,000,000 shares | |
(8.11% of the total number of shares issued and | ||
outstanding (excluding treasury stock)) | ||
(3) | Total purchase price of shares: | Up to 30 billion yen |
(4) | Purchase period: | From August 13, 2024 to March 31, 2025 |
(5) | Purchase method: | Market purchase on the Tokyo Stock Exchange |
2. Cumulative total of treasury stock purchased by January 31, 2025 in accordance with the above resolution
by the Board of Directors | ||
(1) | Total number of shares purchased: | 11,088,700 shares |
(2) | Total purchase price of shares: | 29,386,017,450 yen |