August 3, 2022
To Whom It May Concern
Company name: | TAKARA STANDARD CO., LTD. |
Stock listing: | Tokyo Stock Exchange |
Stock code: | 7981 |
Representative: | Takeo Watanabe, President |
Inquiries: | Kaoru Umeda, Executive Officer in charge of Finance Department, Administration Division |
URL: https://forms.takara-standard.co.jp/webapp/form/22048_aqgb_6/index.do |
Notice concerning the Purchase of Treasury Shares through ToSTNeT-3
TAKARA STANDARD CO., LTD. (the "Company" hereinafter) is announcing that it has decided on a specific method to purchase treasury shares pursuant to the provisions of Article 156 of the Companies Act, after applying the provisions of Article 165, paragraph (3) of the same Act, as follows.
1. Method of purchase
The Company will entrust the purchase of its treasury shares at a closing price of ¥1,318 as of this day (August 3, 2022) through ToSTNeT-3 of the Tokyo Stock Exchange at 8:45 a.m. as of August 4, 2022 (no change to other trading systems and the trading time shall be made).
In addition, the buy order shall be valid only at the trading time mentioned above.
2. Details of matters relating to purchase | ||
(1) | Class of shares to be purchased | Common stock of the Company |
(2) | Total number of shares to be purchased | 2,200,000 shares |
Notes: 1. The number of shares to be purchased as above shall not be changed. In addition, the whole or a part | ||
of the purchase of the Company's own shares may not be made according to the market conditions. | ||
2. Purchase of the Company's own shares shall be made to sell orders matching buy orders. | ||
(3) | Announcement of the results of the purchase | The purchase results shall be announced after the close of |
trading at 8:45 a.m. as of August 4, 2022. |
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(Reference)
1. Details of the resolution of the Board of Directors meeting held on August 2, 2022
(1) | Class of shares to be purchased | Common stock of the Company |
(2) | Total number of shares to be purchased | 2,400,000 shares (maximum) |
(3.28% of total number of issued shares excluding treasury shares) | ||
(3) | Total amount for share purchase | ¥3,600 million (maximum) |
(4) | Purchase period | August 3, 2022 to February 24, 2023 |
(5) | Method of purchase | Open market purchase at the Tokyo Stock Exchange including |
Off-Auction Own Share Repurchase Trading (ToSTNet-3) | ||
2. Status of the purchase as of August 3, 2022 | ||
(1) | Total number of shares purchased | 0 shares |
(2) | Total amount of purchase cost | ¥0 |
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