Ube Industries : Notice Regarding The Status and Conclution of Stock Repurchases
July 18, 2017 at 04:13 am EDT
Share
For Immediate Release
Company name: Ube Industries, Ltd. Representative: Yuzuru Yamamoto
President and Representative Director
Security code: 4208 (shares listed on First Section of Tokyo Stock Exchange and Fukuoka Stock Exchange)
Contact: Hirotaka Ishikawa
General Manager, IR/PR Department Tel: +81-3-5419-6110
Notice Regarding The Status and Conclution of Stock Repurchases
(Under the provision of its Articles of Incorporation in accordance with Article 165, paragraph 2 of the Companies Act)
TOKYO, July 18, 2017 -Ube Industries, Ltd. hereby announced the status of repurchases of shares of its common stock conducted pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to paragraph 3, Ariticle 165 of the Companies Act. This concludes Company 's repurchase of its common stock authorized by the board of directors' meeting held on May 11, 2017.
Particulars
1.
Class of shares repurchased:
Common stock
2.
Total number of shares repurchased:
3,961,000 shares
3.
Aggregate repurchased amount:
¥1,183,882,941
4.
Period for repurchases:
From July 3, 2017 to July 18, 2017
5.
Method of repurchase:
Acquisitions on the Tokyo Stock Exchange
(Reference)
Details of the resolution approved at the board of directors' meeting held on May 11, 2017
(1)
Class of shares to be acquired:
Common stock of the Company
(2)
Total number of shares to be acquired:
28,000,000 shares (maximum)
(The percentage compared to the total number of
shares outstanding: 2.6%)
(3)
Aggregate amount of acquisition cost:
¥5,000,000,000 (maximum)
(4)
Period of acquisition:
From May 12, 2017 to July 18, 2017
Total number and value of shares repurchased pursuant to the resolution approved at the board of directors' meeting held on May 11, 2017 (as of July 18, 2017):
(1)
Total number of shares repurchased:
18,081,000 shares
(2)
Aggregate repurchased amount:
¥4,999,823,949
Ube Industries Ltd. published this content on 18 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 July 2017 08:13:10 UTC.
Original documenthttp://www.ube-ind.co.jp/english/ir/documents/ir_news/2017/20170718_01.pdf
Public permalinkhttp://www.publicnow.com/view/0C9DE762B2DA351C060A3ABCA224CC30EEBEC674
UBE Corporation (formerly Ube Industries, Ltd.) specializes in manufacturing and marketing of chemical products. The group is also developing a production of building materials and industrial machines activity. Net sales break down by activity as follows:
- sale of basic chemical products (53%): polymers, polyamide resins, caprolactams, industrial chemical products, synthetic rubbers, elastomers, polyethylene films, etc.;
- manufacturing of molding machines and industrial equipments (21.7%);
- sale of specialty chemicals (10.8%): polyimides, membrane separation products, ceramics, boron trichloride, Tyranno type fibers, materials for lithium-ion batteries, phenol-formaldehyde resins, active pharmaceutical ingredients, etc., primarily for the electric vehicle, electronic components, semiconductor, biofuels and pharmaceutical industries;
- other (14.5%).
Net sales are distributed geographically as follows: Japan (63.4%), Asia (21.1%), Europe (8.7%) and other (6.8%).
UBE CORPORATION 
