Sekisui Chemical : Announcement concerning the Status of the Acquisition of Treasury Stock
July 04, 2017 at 02:04 am EDT
Share
Press Release
July 4, 2017 SEKISUI CHEMICAL CO., LTD.
Announcement concerning the Status of the Acquisition of Treasury Stock
SEKISUI CHEMICAL CO., LTD. is announcing the status of acquisition of treasury stock conducted in June pursuant to the provisions of Article156 of the Corporate Law after applying the provisions of Article 165, Item 3 of the Law, concerning which acquisition notification was given on April 27, 2017, as follows:
Details of the acquisition
Type of shares to be acquired: Common shares of SEKISUI CHEMICAL
Total number of shares acquired: 5,315,000shares
Total cost of the acquisition: 10,534,330,000yen
Date of the acquisition: From June 1, 2017 to June 30, 2017
Acquisition method: Market buying on 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 31, 2018
Status of the acquisition as of June 30, 2017
Total number of shares acquired: 5,315,000shares
Total amount of acquisition cost: 10,534,330,000yen
Press Contact
SEKISUI CHEMICAL CO., LTD.
Business Strategy Department Fax: (+81) 3-5521-0510
Sekisui Chemical Co. Ltd. published this content on 04 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 July 2017 06:04:05 UTC.
Original documenthttp://www.sekisuichemical.com/about/whatsnew/2017/__icsFiles/afieldfile/2017/07/04/170704_en.pdf
Public permalinkhttp://www.publicnow.com/view/99BE546725712A958432D82F67DB554CEAEA2A18
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.