Kagome : Notice of Status of Acquisition of Treasury Stock
December 03, 2021 at 02:02 am EST
Share
460,200 shares
1,349,122,000 yen
December 3, 2021
For Immediate Release
Name of Company: KAGOME CO., LTD.
Representative: Satoshi Yamaguchi, Representative Director & President
Securities Code: 2811 (First Section, Tokyo and Nagoya Stock Exchanges)
Contact: Yoshinobu Tomimori, General Manager,
Finance & Accounting Department
TEL. +81-3-5623-8503
Notice of Status of Acquisition of Treasury Stock
(Acquisition of treasury stock pursuant to the provisions of the Articles of Incorporation per
Article 165-2 of the Companies Act)
KAGOME CO., LTD. (the "Company") hereby announces the status of the acquisition of treasury stock that was resolved at a meeting of the Board of Directors held on October 29, 2021 and is being implemented pursuant to the provisions of Article 156 of the Companies Act as applied mutatis mutandis under the provisions of Article 165, Paragraph 3 of the Act. Details are as follows.
(1)
Type of shares acquired
The Company's common stock
(2)
Total number of shares acquired
460,200 shares
(3) Total acquisition cost of the shares
1,349,122,000 yen
(4) Acquisition period
November 1, 2021 to November 30, 2021
(5) Acquisition method
Open-market purchases(Discretionary trade by securities companies)
(Reference)
1. Details of resolution adopted at the Board of Directors meeting held on October 29, 2021
(1) Type of shares to be acquired
Common shares of the Company
(2) Total number of shares that can be acquired
3,500,000 shares (maximum)
3.9% of shares issued and outstanding
(excluding treasury stock)
(3) Total Repurchase Price of Shares
10,000,000,000 yen (maximum)
(4) Acquisition period
November 1, 2021 to July 29, 2022
(5) Acquisition method
Open-market purchases (Discretionary trade by securities
companies)
2. Cumulative total of the treasury stock acquired based on the aforementioned resolution of the Board of Directors' meeting (as of November 30, 2021)
(1) Number of shares acquired
(2) Total acquisition cost of the shares
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Disclaimer
KAGOME Co. Ltd. published this content on 03 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 07:01:07 UTC.
Kagome Co Ltd is a Japan-based company mainly engaged in the manufacture, purchase and sale of foods at home and abroad. The Company operates through four business segments. The Processed Foods segment is engaged in the manufacture and sale of beverages and seasonings. The main products are the Vegetable Life 100 series, tomato juice, tomato ketchup, tomato seasonings, sauces, and products for mail order and gifts. The International Business segment is engaged in the tomato seed development and agricultural production, as well as product development, processing, and sales. The Agriculture segment is engaged in the production and sale of fresh vegetables. Products include fresh tomatoes, baby leaves, and others. The Other segment is engaged in the real estate business and outsourcing business.