BEENOS : Notification of Status and Completion of Share Repurchase
April 13, 2022 at 02:05 am EDT
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This is a translation of the original Japanese release. The Japanese text shall prevail in case of any variance between this version and the Japanese text.
CompanyBEENOS Inc.
President and Group CEOShota NaoiTokyo Stock Exchange Prime Section Code: 3328
Contact Vice President and Group CFO Koji Nakamura TEL +81-3-6859-3328
Notification of Status and Completion of Share Repurchase
(Share repurchase pursuant to the Company's Article of Incorporation in accordance with the provisions of Article 165, Paragraph 2 of Companies Act)
Tokyo, Japan - 13 April 2022 - BEENOS Inc. (BEENOS) announced the status and completion of its share repurchase in accordance with Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 of the Act as resolved in its board meeting held on 10 February 2022. The share repurchase has been completed according to the following details:
1.
Monthly Report of Share Repurchase for April
(1)Class of shares to be repurchased
Common stock
(2)Total number of shares repurchased
33,100 shares
(3)Total repurchase cost
66,187,600 JPY
(4)Repurchase period
1 April 2022 to 12 April 2022
(5)Method for Repurchase
From the open market via the Tokyo Stock Exchange
(Reference)
1.
Cumulated Shares Repurchased since the 10 February 2022 Board Meeting
(1) Total number of shares repurchased
300,000 shares
(2) Total repurchase cost
469,276,900 JPY
2.
Details of Matters Related to the Share Repurchase
(1)Class of shares to be repurchased
Common stock
(2)Total number of shares to be repurchased
300,000 shares
(2.4% of the total number of shares issued [excluding treasury stock])
(3)Total repurchase cost
500,000,000 JPY
(4)Repurchase period
10 February 2022 to 28 April 2022
※Treasury stock does not include the 91,900 shares held by the "BEENOS ESOP Trust Fund"
-END-
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Beenos Inc. published this content on 13 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2022 06:04:08 UTC.
BEENOS Inc, formerly netprice.com, Ltd., mainly operates mail-order sales business. It has two segments. The E-commerce segment operates business through three business divisions. The Gathering division is engaged in the mail-order sales through personal computers (PCs), cell phones and smart phones. The Value Cycle division is involved in the purchase, maintenance and sale of secondhand brand-name products, watches, accessories and others. The Cross Boarder division is engaged provision of services making overseas products available for purchase for Japanese clients. The Incubation segment is involved in the provision of Japan products overseas forwarding services, the production of talent licensed products, and the marketing and promotion business focusing on smart phones.
BEENOS INC. 
