IR News
Notice of Results of Repurchase of Treasury Stock through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
2019/11/12
CAC Holdings Corporation (hereinafter the “Company”) hereby announces with respect to the repurchase of treasury stock announced on November 11, 2019 that it repurchased its own shares. Details are as follows.
1. Reason for the treasury stock acquisition
The Company’s medium-term strategy positions the increase of corporate value through the improvement of capital efficiency and the proactive return of profits to shareholders as its basic policy. Based on this policy, the Company will acquire treasury stock for the purpose of returning profits to shareholders.
2. Details of the repurchase
(1) Class of shares repurchased: Common shares of the Company
(2) Total number of shares repurchased: 450,000 shares
(3) Total repurchase cost: \627,300,000
(4) Date of the repurchase: November 12, 2019
(5) Repurchase method: Purchase on off-auction own share repurchase trading (ToSTNeT-3)
(Refference)
1. Details of matters pertaining to acquisition (announced 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
2. Accumulated number and price of own shares as of March 28, 2019.
(1) Total number of shares acquired: 1,381,600 shares(progress 46.1%)
(2) Total acquisition cost of shares: \2,027,601,100(progress 67.6%)
Contacts:
CAC Holdings Corporation, Enterprise Value Up Group, Corporate Planning Dept.
E-mail:prir@cac.co.jp
End.