J.FRONT RETAILING CO., LTD.
[Translation]
To whom it may concern
April 17, 2015
Company name: J. FRONT RETAILING Co., Ltd. Representative: Ryoichi Yamamoto, President (Securities code: 3086, First Section of the Tokyo Stock Exchange and Nagoya Stock Exchange) Inquiries: Takayuki Makita, Senior General Manager of Corporate Governance Promotion, Management Strategy Unit
(TEL: +81-3-6895-0178 (from overseas))
Notice Regarding Determination of Matters Relating to Repurchase of Own Shares
(Repurchase of Own Shares in Accordance with the Articles of Incorporation
Pursuant to the Provisions of Article 459, Paragraph 1 of the Companies Act)
J. FRONT RETAILING Co., Ltd. (the "Company") resolved at a meeting of its Board of Directors held today on matters relating to repurchase of own shares, pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act and Article 39 of the Articles of Incorporation, as described below.
1. Reason for repurchase of own shares
In order to enhance shareholder returns and capital efficiency, and to enable the execution of a flexible capital policy.
2. Details of repurchase
(1) Type of shares to be repurchased | Common shares |
(2) Total number of shares to be repurchased | Up to 3,400,000 shares [Percentage to the total number of issued shares: (excluding treasury shares) 1.29 %] |
(3) Total price of repurchase | Up to ¥5,000,000,000 |
(4) Repurchase period | April 20, 2015 to July 31, 2015 |
(5) Repurchase method | Stock exchange purchase based on trust agreement relating to repurchase of own shares |
END
(Reference)
1. The Company made timely disclosure of this matter in the release "Notice Regarding Capital and Business Alliance with Senshukai Co., Ltd. (Conversion into an Equity Method Associate)" dated today.
2. Holding status of treasury shares as of February 28, 2015
Total number of issued shares (excluding treasury shares) | 264,015,899 shares |
Number of treasury shares | 4,103,265 shares |
1 / 1
|
distributed by
|
