BEENOS : Notification of Status of Share Repurchase
March 01, 2022 at 01:28 am EST
Share
This is a translation of the original Japanese release. The Japanese text shall prevail in case of any variance between this version and the Japanese text.
Company
BEENOS Inc.
President and Group CEO
Shota Naoi
Tokyo Stock Exchange First Section Code: 3328
Contact
Vice President and Group CFO
Koji Nakamura
TEL
+81-3-6859-3328
Notification of Status of Share Repurchase
(Share repurchase pursuant to the Company's Article of Incorporation in accordance with the
provisions of Article 165, Paragraph 2 of Companies Act)
Tokyo, Japan - 1 March 2022 - BEENOS Inc. (BEENOS) announced the status of its share repurchase in accordance with Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 of the Act as resolved in its board meeting held on 10 February 2022.
1. Status of Share Repurchase
(1)
Class of shares to be
Common stock
repurchased
(2)
Total number of shares
100,800 shares
repurchased
(3)
Total repurchase cost
152,903,700 JPY
(4)
Repurchase period
10 February 2022 to 28 February 2022
(5)
Method for Repurchase
From the open market via the Tokyo Stock Exchange
(Reference)
1. Details of Matters Related to the Share Repurchase resolved on 10 February 2022
(1)
Class of shares to be
Common stock
repurchased
(2)
Total number of shares
300,000 shares
to be repurchased
(2.4% of the total number of shares issued [excluding treasury stock※1])
(3)
Total repurchase cost
500,000,000 JPY
(4)
Repurchase period
10 February 2022 to 28 February 2022
※1 Treasury stock does not include the 91,900 shares held by the "BEENOS ESOP Trust Fund" ※2 Shares may not be acquired depending on market trends
2. Current Cumulative Number of Shares Repurchased (as of 28 February 2022)
(1)
Total number of shares
100,800 shares
repurchased
(2)
Total repurchase cost
152,903,700 JPY
-END-
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Disclaimer
Beenos Inc. published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 06:27:05 UTC.
BEENOS Inc, formerly netprice.com, Ltd., mainly operates mail-order sales business. It has two segments. The E-commerce segment operates business through three business divisions. The Gathering division is engaged in the mail-order sales through personal computers (PCs), cell phones and smart phones. The Value Cycle division is involved in the purchase, maintenance and sale of secondhand brand-name products, watches, accessories and others. The Cross Boarder division is engaged provision of services making overseas products available for purchase for Japanese clients. The Incubation segment is involved in the provision of Japan products overseas forwarding services, the production of talent licensed products, and the marketing and promotion business focusing on smart phones.
BEENOS INC. 
