Sekisui Chemical : Announcement concerning the Results of the Acquisition of Treasury Stock through ToSTNeT-3
June 13, 2017 at 09:48 pm EDT
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Press Release
June 14, 2017 SEKISUI CHEMICAL CO., LTD.
Announcement concerning the Results of the Acquisition of Treasury Stock through ToSTNeT-3
With respect to the acquisition of treasury stock announced yesterday (June 13, 2017), SEKISUI CHEMICAL CO., LTD. ("Company" hereinafter) is announcing that it has executed the repurchases as follows.
Reason for the acquisition of the own shares
The Company acquired its own shares with the aim of ensuring a flexible capital strategy in response to changes in the business environment.
Details of the acquisition
Type of shares to be acquired: Common shares of SEKISUI CHEMICAL
Total number of shares acquired: 5,315,000 shares
Total cost of the acquisition: 10,534,330,000 yen
Date of the acquisition: June 14, 2017
Acquisition method: Repurchase through ToSTNeT-3 of the Tokyo Stock Exchange
(Reference)
Details of the resolution of the Board of Directors meeting held on April 27, 2017
Type of shares to be acquired: Common shares of the SEKISUI CHEMICAL
Total number of shares to be acquired: Up to 8,000,000 shares (maximum)
(Rate of the maximum shares to be acquired to the total outstanding shares: 1.67%)
Total acquisition cost: Up to 16 billion yen (maximum)
Acquisition period: From April 28, 2017 to March 30, 2018
Status of the acquisition as of June 14, 2017
Total number of shares acquired: 5,315,000 shares
Total amount of acquisition cost: 10,534,330,000 yen
Press Contact
SEKISUI CHEMICAL CO., LTD.
Business Strategy Department Fax: (+81) 3-5521-0510
Sekisui Chemical Co. Ltd. published this content on 14 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 June 2017 01:48:10 UTC.
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Sekisui Chemical Co., Ltd. is a company that operates in four business segments .The Housing segment is engaged in the manufacture, construction, sale and renovation of unit housing, the sale of land for subdivision, the provision of reform services, as well as the construction and sale of interior items, exterior items and real estate. The Environment and Life Line segment offers vinyl chloride pipe and fittings, polyethylene pipe and fittings, system pipe, aqueduct/water conduit rehabilitation materials, reinforced plastic composite pipes, and building materials, among others. The High-performance Plastics segment offers intermediate films for laminated glass, foamed polyolefin, tapes, particulate for liquid crystal and sensitive materials and test drug, among others. The Others segment is engaged in the manufacture and sale of film type lithium ion battery, as well as the provision of other products and services.
SEKISUI CHEMICAL CO., LTD. 
