Kajima : Notice Concerning Decision on Matters Relating to Acquisition of Own Shares
February 09, 2022 at 10:29 pm EST
Share
February 10, 2022
Company name:
Kajima Corporation
Representative:
Hiromasa Amano
Securities code:
President and Representative Director
1812
Inquiries:
(Tokyo 1st section, Nagoya 1st section)
Yuji Saeki
General Manager of Finance Department,
Treasury Division
Tel. +81-(0)3-5544-1111
Notice Concerning
Decision on Matters Relating to Acquisition of Own Shares
(Acquisition of Own Shares in accordance with Articles of Incorporation
pursuant to Article 165, Paragraph 2 of the Companies Act)
Kajima Corporation, at the Board of Directors' Meeting held today, resolved matters related to acquisition of its own shares in accordance with Article 156 of the Companies Act, applicable pursuant to Article 165, Paragraph 3 of the said Act. We hereby inform you of the following.
1.
Reason for acquiring own shares
To expand shareholder returns and improve capital
efficiency
2.
Details relating to the acquisition
1) Type of shares to be acquired:
Common Stock of Kajima Corporation
2) Aggregate number of shares to be acquired:
9,200,000 shares (upper limit)
(The ratio to the aggregate number of issued shares
(excluding own shares): 1.8%)
Aggregate acquisition price of shares:
Acquisition period:
10,000,000,000 Japanese yen (upper limit)
February 14, 2022 to April 30, 2022
5) Acquisition method:
Market purchases on the Tokyo Stock Exchange
(Reference) Status of holdings of own shares as of January 31, 2022
Aggregate number of issued shares excluding own shares: 499,849,443 shares
Number of own shares: 28,806,568 shares
Disclaimer: This document is an English translation of the announcement titled "Notice Concerning Decision on Matters Relating to Acquisition of Own Shares" which is filed with Stock Exchanges in Japan on February 10, 2022. Kajima Corporation provides this translation for your reference and convenience only without any warranty as to its accuracy. In case of any discrepancy between the translation and the Japanese original, the latter shall prevail.
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Kajima Corporation published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2022 03:28:04 UTC.
Kajima Corporation is one of the Japanese buildings and public engineering works groups. Net sales break down by activity as follows:
- construction of civil engineering and buildings infrastructures (86.4%): roads, highways, bridges, power plants, industrial sites, housings, offices, etc.;
- real estate development (13.6%).
Japan accounts for 70% of net sales.