Nagase : Notice Regarding the Status of Repurchase of Treasury Stocks
August 02, 2022 at 10:12 pm EDT
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August 3, 2022
To Whom It May Concern:
Company Name:
NAGASE & CO., LTD.
Representative:
Kenji Asakura,
Representative Director, President
Stock Exchange Listings:
Tokyo (Prime Market) Code 8012
Contact:
Yoshihisa Shimizu,
Executive Officer,
General Manager,
Corporate Management Dept.
Tel:
+81-3-3665-3028
Notice Regarding the Status of Repurchase of Treasury Stocks
(Repurchase of Treasury Stocks in accordance with the Article of Incorporation
under Article 165-2 of the Companies Act)
NAGASE & CO., LTD. (hereinafter referred to as "NAGASE") decided at the Board of Directors Meetings held on February 9, 2022 to repurchase of treasury stocks in accordance with Article 156 of the Companies Act, as applied pursuant to Article 165-3 of the Companies Act.
NAGASE hereby announces the status of repurchase as follows.
1.
Class of shares repurchased
Common shares
2.
Total number of shares repurchased
250,200 shares
3.
Total repurchase amount
484,153,490 yen
4.
Repurchase period
From July 1, 2022 to July 31, 2022
(execution base)
5.
Repurchase method
Market purchases
(Reference)
1.
Details of the resolution approved at the Board of Directors Meetings held on February 9, 2022
(1)
Class of shares to be repurchased
Common shares
(2) Total number of shares to be repurchased
4,300,000 shares (maximum)
(Equivalent to 3.57% of outstanding shares,
excluding treasury stocks)
(3) Total repurchase amount
6 billion yen (maximum)
(4)
Repurchase period
From February 10, 2022 to February 8, 2023
(5)
Repurchase method
Market purchases
2.
Accumulated total of the repurchase pursuant to the above resolution (as of July 31, 2022)
(1)
Total number of shares repurchased
1,807,300 shares
(2) Total repurchase amount
3,308,594,052 yen
End
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Nagase & Co. Ltd. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 02:11:02 UTC.
Nagase & Co Ltd is a Japan-based company mainly engaged in the import, export, manufacture and sale of a wide range of products. The Company operates through five business segments. Functional Materials segment offers raw materials for paints, inks, adhesives, and other products. Processed Materials segment offers dyes, pigments, functional pigments, resins, automotive repair and conductive paints and others. Electronics and Energy segment offers modified epoxy resins, fluorine products, and materials and equipment for semiconductor, display, as well as energy management system proposals, battery evaluation and healthcare services. Mobility segment offers general synthetic resins, and other materials and parts for automobile. Life-related segment offers raw materials for pharmaceuticals and agrochemicals, food additive, cosmetic additives, and radiation measurement service. The Company also offers logistics services, information processing and other professional services.
NAGASE & CO., LTD. 