Wacom Co., Ltd. TSE:6727
Wacom : Progress of Acquisition of Treasury Stock and Completion of Acquisition
Source: MarketScreener
For reference (*)
December 21, 2021
Progress of Acquisition of Treasury Stock
and Completion of Acquisition
Tokyo, December 21, 2021 ----- Wacom Co., Ltd. (the "Company") announces the
progress of acquisition of its treasury stock pursuant to Article 156 of Japanese Companies Act, of which application is defined by both paragraph 1, Article 459 of the Companies Act and provisions of the Company's Articles of Incorporation, as follows. As a result, the Company also announces that the acquisition pursuant to the resolution at the meeting of the Board of Directors held on October 29, 2021 has been completed.
1. Details of acquisition completed
- Type of shares acquired: Common stock of the Company
- Total number of shares acquired: 1,811,600 shares
- Total acquisition cost: 1,681,257,300 Japanese yen
- Acquisition period: From December 1, 2021, to December 20, 2021 (on a trade basis)
- Acquisition method: Open market acquisition of shares on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution at the meeting of the Board of Directors held on October 29, 2021
- Type of shares to be acquired: Common stock of the Company
- Total number of shares to be acquired: Up to 4,000,000 shares
(Equivalent of 2.48% of outstanding shares)
- Total acquisition cost: Up to 2.0 billion Japanese yen
- Acquisition period: From November 1, 2021, to January 28, 2022
- Acquisition method: Open market acquisition of shares on the Tokyo Stock Exchange
2. Total shares acquired as of December 20, 2021 pursuant to the above resolution at the meeting of the Board of Directors
(1) | Total number of shares acquired: 2,168,800 shares | |
(2) | Total acquisition cost | : 1,999,945,800 Japanese yen |
- This is translated to English from a Japanese announcement solely for convenience of non-Japanese readers.
For inquiries:
IR, Wacom Co., Ltd.
Telephone: +81-3-5337-6502
IR Website:
https://investors.wacom.com/en-jp/