Tokyo, June 1, 2022 ----- Wacom Co., Ltd. (the "Company") announces the progress of
acquisition of its treasury stock pursuant to Article 156 of Japanese Companies Act, of which application is defined by both paragraph 1, Article 459 of the Companies Act and provisions of the Company's Articles of Incorporation, as follows.
1. Details of acquisition completed
Type of shares acquired: Common stock of the Company
Total number of shares acquired: 56,100 shares
Total acquisition cost: 54,689,600 Japanese yen
Acquisition period: From May 13, 2022, to May 31, 2022 (on a trade basis)
Acquisition method: Open market acquisition of shares on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution at the meeting of the Board of Directors held on May 12, 2022
Type of shares to be acquired: Common stock of the Company
Total number of shares to be acquired: Up to 4,000,000 shares Equivalent of 2.52% of outstanding shares (excluding treasury stock)
Total acquisition cost: Up to 2.0 billion Japanese yen
Acquisition period: From May 13, 2022 to March 31, 2023
Acquisition method: Open market acquisition of shares on the Tokyo Stock Exchange
2. Total shares acquired as of May 31, 2022 pursuant to the above resolution at the meeting of the Board of Directors
(1)
Total number of shares acquired: 56,100 shares
(2)
Total acquisition cost
: 54,689,600 Japanese yen
This is translated to English from a Japanese announcement solely for convenience of non-Japanese readers.
For inquiries:
IR, Wacom Co., Ltd. Telephone: +81-3-5337-6502
IR Website:
https://investors.wacom.com/en-jp/
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Wacom Co. Ltd. published this content on 01 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2022 06:21:01 UTC.
Wacom Co Ltd is a Japan-based company mainly engaged in the development, manufacturing, and sale of brand products and technology solution products, as well as service operations. The Company operates through two business segments. The Technology Solutions segment is engaged in the provision of digital pens, sensors, touch panel components and modules. They are used for mobile devices such as tablet computers, e-books and mobile terminals. The Branded Products segment provides three kinds of services. Creative business provides pen tablets, mobiles and displays. The consumer business provides stylus pens, smart pads, and digital stationery. They are mainly used for illustration and memo making on digital terminals. Business solutions provides pen tablets. They are mainly used in the fields of education, medical care, and digital signatures.
WACOM CO., LTD. 
