SHIN-ETSU CHEMICAL CO., LTD. October 24, 2023
To Whom It May Concern
4-1, Marunouchi 1-chome,Chiyoda-ku, Tokyo
Shin-Etsu Chemical Co., Ltd.
Yasuhiko Saitoh
Representative Director / President
(Code No. 4063)
Contact:
Toshiyuki Kasahara
Corporate Officer, General Manager
Finance and Accounting Department
TEL: +81-3-6812-2350
Notice Concerning Results of Repurchase of Shares, Completion of Repurchase
Transactions, and Number of Treasury Shares Cancelled
(Repurchase of Shares Based on Provisions in the Company's Articles of Incorporation
Relating to Article 165(2) of the Companies Act, and Cancellation of Treasury Shares Based
on Article 178 of the Companies Act)
Shin-Etsu Chemical Co., Ltd. (the "Company") hereby announces that, as to the repurchase of shares announced on July 27, 2023, (i) it has repurchased shares as described below, and (ii) the repurchase of shares based on the resolution of the meeting of the Board of Directors held on July 27, 2023 has been completed.
The Company also announces that, as to the cancellation of treasury shares resolved at the same meeting of the Board of Directors and based on Article 178 of the Companies Act, the number of shares to be cancelled has been determined.
1. Results of Repurchase of Shares
(1) | Share Type Purchased: | Common shares of the Company |
(2) | Total Number of | |
Shares Purchased: | 22,431,200 shares | |
(3) | Total Share Purchase Amount: | 99,999,573,700 Japanese Yen |
(4) | Purchase Period: | July 28, 2023 to October 24, 2023 |
(transaction date) | ||
(5) | Purchase Method: | Market Purchases on the Tokyo Stock Exchange |
2. Cancellation of Treasury Shares
(1) | Share Type for Cancellation: | Common shares of the Company |
(2) | Total Number of Shares | |
to be Cancelled: | 22,431,200 shares | |
(1.11% of the total shares issued and | ||
outstanding, prior to the cancellation) | ||
(3) | Scheduled Cancellation Date: | January 11, 2024 |
1
For Reference:
1. Contents of Resolution Concerning Repurchase of Shares (Board of Directors Meeting
held on July 27, 2023)
(1) Share Type for Purchases:
- Total Number of Shares
to be Purchased:
(3) Total Share Purchase Amount:
(4) Purchase Period:
2. Contents of Resolution Concerning Cancellation of Treasury Shares (Board of Directors Meeting held on July 27, 2023)
(1) Share Type for Cancellation:
- Total Number of Shares
to be Cancelled:
(3) Scheduled Cancellation Date:
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Shin-Etsu Chemical Co. Ltd. published this content on 24 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2023 09:31:03 UTC.
