SMC : Result and Completion of Repurchase of Own Shares（220KB）
March 22, 2024 at 02:38 am EDT
Share
March 22, 2024
Result and Completion of Repurchase of Own Shares
(Repurchases of Company's own shares under the provisions of its Articles of Incorporation
pursuant to paragraph 2, articles 165 of the Companies Act of Japan)
Company name:
SMC Corporation
Stock exchange listing:
Tokyo Stock Exchange Prime Market
Security code:
6273
URL:
https://www.smcworld.com/ir/en/
Representative:
Yoshiki Takada, President
Contact person:
Akinori Kato, General Manager of Corporate Communications Office
disclosure@smcjpn.co.jp
SMC Corporation (SMC) hereby announces the monthly result of the repurchase of own shares based on the resolution of Board of Directors' Meeting held on November 14, 2023.
SMC also announces the completion of the repurchases pursuant to the above resolution.
1. Type of shares repurchased:
Common shares of the Company
2. Total number of shares repurchased: 64,000 shares
3. Total amount of repurchase:
5,678,344,000 yen
Period of repurchase: From March 1, 2024 to March 22, 2024
Method of repurchase: Market purchase on the Tokyo Stock Exchange
【Reference】
1. Details of the resolution at the board of directors' meeting held on November 14, 2023
(1)
Type of shares to be repurchased:
Common shares of the Company
(2)
Total number of shares to be repurchased:
Up to 450,000 shares
(0.7% of outstanding shares (excluding treasury shares))
(3)
Total amount of repurchase:
Up to 35 billion yen
(4) Period for repurchases:
From November 21, 2023 to March 22, 2024
(5) Method of repurchase:
Market purchase on the Tokyo Stock Exchange
2. Total amount of shares repurchased by the above resolution of the board of directors' meeting (As of March 22, 2024)
(1) Total number of shares repurchased:
358,400 shares
(2) Total amount of repurchase:
29,998,916,000 yen
SMC Corporation
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SMC Corporation published this content on
22 March 2024 and is solely responsible for the information contained therein. Distributed by
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22 March 2024 06:37:03 UTC.
SMC Corporation is specialized in the manufacturing and marketing of automatic control equipment. With 12,000 basic products and more than 700,000 variations available, the group offers solutions ranging from air preparation, to measurement, to valves and cylinders covering almost the entire automation process: actuators, sensors, detectors, controllers, filters, fittings and tubing, etc.
At the end of March 2021, SMC Corporation has 38 production sites worldwide.
Net sales are distributed geographically as follows: Japan (27.5%), Asia (40.7%), Europe (16.5%), North America (13.5%) and other (1.8%).
SMC CORPORATION 
