T&D : Notice Regarding the Status of Acquisition of Treasury Stock
June 01, 2017 at 03:05 am EDT
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June 1, 2017
T&D Holdings, Inc. Tetsuhiro Kida, President (Security Code: 8795)
Notice Regarding the Status of Acquisition of Treasury Stock
(Under the Provision of its Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
T&D Holdings, Inc. (President: Tetsuhiro Kida) of the T&D Life Group hereby announces that it acquired treasury stock under the provision Article 156 of the Companies Act of Japan, as applied pursuant to Article 165, Paragraph 3 of the same, as follows.
Type of shares to be acquired : Shares of common stock
Total number of acquired shares : 5,502,300 shares
Total amount of acquisition : 8,600,666,950 yen
Period of acquisition : From May 16, 2017, to May 31, 2017, on the basis of execution date
Method of acquisition : Open-market repurchase by the trust method
(Reference)
Details of the resolution regarding the acquisition of treasury stock at the board of directors meeting held on May 15, 2017
Type of shares to be acquired : Shares of common stock
Number of shares to be acquired : Up to 12,000,000 shares
(1.90% of total shares outstanding (excluding treasury stock))
Total amount of acquisition : Up to 17 billion yen
Period of acquisition : From May 16, 2017, to July 14, 2017
Method of acquisition : Open-market repurchase by the trust method
T&D Holdings Inc. published this content on 01 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 June 2017 07:05:18 UTC.
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