Dai ichi Life : Notice Regarding the Status of Repurchase of the Company's Shares PDF
December 01, 2017 at 02:38 am EST
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[Unofficial Translation]
December 1, 2017 Seiji Inagaki
Representative Director, President Dai-ichi Life Holdings, Inc. Code: 8750 (TSE First section)
Notice Regarding the Status of Repurchase of the Company's Shares
(Under the Provision of its Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
The Dai-ichi Life Holdings, Inc. (the "Company"; President: Seiji Inagaki) hereby announces the status of repurchase of the Company's shares under the provision of Article 156 of the Companies Act of Japan, as applied pursuant to Article 165, Paragraph 3 of the same.
1.
Class of shares repurchased:
Shares of common stock
2.
Aggregate number of shares repurchased:
1,854,700 shares
3.
Aggregate purchase price of the shares:
3,999,663,400 yen
4.
Period in which repurchases ware made:
From November 1, 2017 to November 30, 2017
5.
Method of repurchase:
Open-market repurchase by the trust method
(Reference)
Details of the resolution made by the meeting of its board of directors held on May 15, 2017 are as follows.
Class of shares to be repurchased: Shares of common stock
Aggregate number of shares to be repurchased: Up to 23,000,000 shares (1.95% of the total issued
and outstanding shares excluding treasury stock)
Aggregate price of shares to be repurchased: Up to 23.0 billion yen
Period of repurchase of shares: From May 16, 2017 to March 31, 2018
Method of repurchase of shares: Open-market repurchase by the trust method
Details of the share repurchases made by November 30, 2017 as approved by the board of directors on May 15, 2017 are as follows.
Number of shares repurchased: 5,901,800 shares
Aggregate purchase price of the shares: 11,998,951,800 yen
Investor Contact: Investor Relations Group Corporate Planning Unit
Dai-ichi Life Holdings, Inc.
+81 50 3780 6930
This press release may contain statements that are "forward-looking statements" regarding our intent, belief or current expectations of management with respect to our future results of operations and financial condition. Any such forward-looking statements are not historical facts but instead represent only our belief regarding future events, many of which, by their nature, are inherently uncertain and outside our control.
Important factors that could cause actual results to differ from those in specific forward-looking statements include, without limitation, economic and market conditions, consumer sentiment, political events, level and volatility of interest rates, currency exchange rates, security valuations and competitive conditions.
Forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ.
Dai-ichi Life Holdings Inc. published this content on 01 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 December 2017 07:36:08 UTC.
Original documenthttp://www.dai-ichi-life-hd.com/en/newsroom/newsrelease/2017/pdf/index_019.pdf
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Dai-ichi Life Holdings, Inc. is a holding company specializing in life insurance. The group provides primarily savings, pension and health contracts.
Net sales are distributed geographically as follows: Japan (71.6%), the United States (19.7%) and other (8.7%).