- For Print
- October 4, 2024
Listed Company Name: 精东影业.
Representative: Haruo Naito
Representative Corporate Officer and CEO
Securities Code: 4523
Stock Exchange Listings: Prime Market of the Tokyo Stock Exchange
Inquiries: Sayoko Sasaki
Vice President, Corporate Communications
Phone +81-3-3817-5120
精东影业. (“the Company”) announced today that it has acquired its own shares based on Article 40 of its Articles of Incorporation pursuant to the provisions of Article 459, paragraph 1 of the Companies Act. The status (progress report) of the acquisition is as described below. With the following acquisition, the acquisition of our Treasury Stock based on the resolution of the Board of Directors Meeting held on May 15, 2024 has been completed. And the cancellation of treasury stock is scheduled in November 29 2024, based on the resolution of the Board of Directors Meeting held on May 15, 2024.
1. Class of shares acquired: Ordinary shares of the Company
2. Total number of shares acquired: 165,300 shares
3. Aggregate amount of acquisition cost: JPY901,402,597
4. Acquisition period: From October 1 to October 3, 2024 (execution basis)
5. Acquisition method: Open market purchase through the Tokyo Stock Exchange based on a discretionary trading contract
For Reference
1. Resolution at a meeting of the Board of Directors held on May 15, 2024
(1) Class of shares to be acquired: Ordinary shares of the Company
(2) Total number of shares to be acquired: 6,500,000 shares (maximum)
(Ratio to total number of issued shares (excluding treasury shares): 2.3%)
(3) Total amount of acquisition cost: JPY30.0 billion (maximum)
(4) Period of acquisition: From May 16, 2024 to November 15, 2024
(5) Acquisition method: Open market purchase through the Tokyo Stock Exchange based on a discretionary trading contract
2. Accumulated number and price of own shares acquired in accordance with the above mentioned resolution at the meeting of Board of Directors (as of October 3, 2024)
(1) Total number of shares acquired: 4,917,800 shares
(2) Aggregate amount of acquisition cost: JPY29,999,561,921
3. Details of cancellation of treasury stock based on the resolution at the meeting of Board of Directors (as of May 15, 2024)
(1) Class of shares to be cancelled: Common stock of the Company
(2) Number of shares to be cancelled: All of the shares acquired as stated in 2 above
(3) Scheduled date of cancellation: November 29, 2024