IR News
Notice of Status (Progress) of Acquisition of Treasury Stock (Share repurchase based on the provisions of the Articles of Incorporation pursuant to Article 165(2) of the Companies Act)
2019/11/08
CAC Holdings Corporation (hereinafter the “Company”) hereby announces progress with respect to the acquisition of its treasury stock under Article 156, as applied pursuant to paragraph 3, Article 165, of the Companies Act of Japan, resolved at the meeting of the Board of Directors held on February 14, 2019.
(1) Class of shares acquired: Common shares of the Company
(2) Total number of shares acquired: None
(3) Total acquisition cost: None
(4) Period of the accoquistion: From October 1, 2019 to October 31, 2019
(Refference)
1. Details of the resolution at the meeting of Board of Directors held on February 14, 2019
(1) Class of shares to be acquired: Common shares of the Company
(2) Total number of shares to be acquired: 3,000,000 shares (maximum)
Percentage of outstanding shares (excluding treasury shares): 16.3%
(3) Aggregate acquisition cost: 3 billion yen (maximum)
(4) Acquisition period: From March 28, 2019 to December 31, 2019
(5) Acquisition method: Purchase on the exchange, including off-auction own share repurchase trading (ToSTNeT-3)
2. Total number and amount of treasury shares acquired pursuant to the above resolution
(as of October 31, 2019)
(1) Total number of shares acquired: 931,600 shares(progress 31.1%)
(2) Total acquisition cost of shares: \1,400,301,100(progress 46.7%)
In addition, this matter is an interim report, and we will continue to acquire tresuary stock in the future.
Contacts
CAC Holdings Corporation, Corporate Planning Dept., Enterprise Value Up Group
E-mail: prir@cac.co.jp
End.