NGK SPARK PLUG : Notice Concerning the Status of Repurchase of Own Shares NEW
May 01, 2018 at 03:11 am EDT
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Please note that the following is an unofficial English translation of Japanese original text of the timely disclosure. NGK SPARK PLUG CO., LTD. provides this translation for reference and convenience purposes only and without any warranty as to its accuracy or otherwise. In the event of any discrepancy between this translation and the Japanese original, the latter shall prevail.
May 1, 2018
Company Name : NGK SPARK PLUG CO., LTD.
Representative : Shinichi Odo, Chairman, President and CEO
Securities Code : 5334
Contact : Yasuo Ito, General Manager
Public Relations Department (phone : +81-52-872-5896)
Notice Concerning the Status of 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)
NGK SPARK PLUG CO., LTD. hereby announces the status of the repurchase of own shares, pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act, as described below.
1. Type of shares repurchased
Common stock
2. Total number of shares repurchased
694,300 shares
3. Total price of repurchase
¥1,800,779,900
4. Repurchase period
From April 1, 2018 to April 30, 2018 (Commitment basis)
5. Method of repurchase
Market purchase on the Tokyo Stock Exchange
(Reference)
1. Details of resolution at the meeting of the Board of Directors held on February 26, 2018.
(1) Type of Shares to be repurchased
Common stock
(2) Total number of shares to be repurchased
Up to 4,800,000 shares
[Percentage to the total number of issued shares: (excluding treasury shares) 2.26%]
(3) Total price of repurchase
Up to ¥10,000,000,000
(4) Repurchase period
From February 27, 2018 to May 31, 2018
2. Total number and price of own shares repurchased pursuant to the above resolution of the Board of Directors (as of
April 30, 2018)
(1) Total number of shares repurchased
2,595,100 shares
(2) Total price of repurchase
¥6,800,653,900
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NGK Spark Plug Co. Ltd. published this content on 01 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 May 2018 07:10:02 UTC
Niterra Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive products, ceramic products, and products related to new businesses. The Company has three business segments. The Automobile-related segment is engaged in the manufacture and sale of parts that are mainly assembled into automobiles, such as spark plugs and exhaust gas sensors. The Ceramics segment manufactures and sells cutting tools, industrial equipment components, semiconductor manufacturing equipment components, semiconductor packages, and oxygen concentrators for medical use. The New Business segment is engaged in the manufacture and sale of products related to new businesses such as the environmental energy field. It also sells materials and provides welfare services.