Kajima : Notice Concerning Decision on Matters Relating to Acquisition of Own Shares
May 13, 2024 at 11:22 pm EDT
Share
May 14, 2024
Company name:
Kajima Corporation
Representative:
Hiromasa Amano
President and Representative Director
Securities code:
1812
(Tokyo Prime, Nagoya Premier)
Inquiries:
Sachihiko Mikami
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
Type of shares to be acquired:
Aggregate number of shares to be acquired:
Common Stock of Kajima Corporation
12,000,000 shares (upper limit)
(The ratio to the aggregate number of issued shares (excluding own shares): 2.5%)
3) Aggregate acquisition price of shares:
30,000,000,000 Japanese yen (upper limit)
4) Acquisition period:
May 15, 2024 to September 30, 2024
5) Acquisition method:
Market purchases on the Tokyo Stock Exchange
(i) Market purchases through the Off-Auction Own
Share Repurchase Trading System (ToSTNeT-3)
(ii) Market purchases on the auction market
based on a discretionary trading agreement
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(Reference) Status of holdings of own shares as of April 30, 2024
Aggregate number of issued shares excluding own shares: 484,423,522 shares
Number of own shares: 44,232,489 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 May 14, 2024. 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
14 May 2024 and is solely responsible for the information contained therein. Distributed by
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14 May 2024 03:21:03 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.
KAJIMA CORPORATION 
