Daicel : Notice Concerning Result of Acquisition of Treasury Stock Through Off-Auction Own Share Repurchase Trading System(ToSTNeT-3)
November 06, 2023
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This document is an English translation of a statement written originally in Japanese for reference. The Japanese original should be considered as the primary version.
November 7, 2023
To whom it may concern,
Company Name:
DAICEL CORPORATION
Representative:
Yoshimi Ogawa, President and CEO
(Code: 4202, Prime Market of the Tokyo Stock
Exchange)
Contact:
Masahiko Hirokawa, Executive Officer, Deputy
General Manager, Corporate Support
Headquarters and General Manager, Investor
Relations & Corporate Communications
(Phone: +81-3-6711-8121)
Notice Concerning Result of Acquisition of Treasury Stock Through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
DAICEL CORPORATION (The "Company") announces that, in line with the announcement made on November 6, 2023, concerning the acquisition of treasury stock, it has repurchased its own shares as described below.
1. Reason for conducting acquisition of own shares
The objective is to enhance shareholder returns and improve capital efficiency as part of the capital policy in the Mid-Term Management Strategy.
2. Details of Items Related to Acquisition
Type of shares to be acquired:
Total number of shares acquired:
Acquisition costs:
Date of acquisition:
Method of acquisition:
Common stock of the Company 6,000,000 shares
9,099,000,000
November 7, 2023
Purchase through off-auction own share repurchase trading system of the Tokyo Stock Exchange (ToSTNeT-3)
(Reference)Details of resolution approved at the Board of Directors 'meeting held on November 2, 2023.
(1)
Type of shares to be acquired:
Common stock of the Company
(2)
Total number of shares to be acquired:
13,000,000 shares (maximum)
(Representing 4.55% of outstanding shares,
excluding treasury shares)
(3)
Total amount of acquisition:
¥ 15 billion (maximum)
(4) Acquisition period:
November 6, 2023 to March 31, 2024
(5) Acquisition method:
① Purchase on the Tokyo Stock Exchange market
②Purchase through off-auction own share
repurchase trading system of the Tokyo Stock Exchange (ToSTNeT-3)
[End of document]
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Daicel Corporation published this content on 07 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2023 10:33:01 UTC.
Daicel Corporation is mainly engaged in the manufacture and sale of cellulose products, organic synthetic products, synthetic resin products, pyrotechnic products and others. The Company operates in five business segments. The Cellulose segment is engaged in the manufacture and sale of cellulose acetate, acetate tow for cigarette filters, carboxymethyl cellulose (CMC) and hydroxyethyl cellulose (HEC). The Organic Synthesis segment is engaged in the manufacture and sale of acetic acid derivatives, epoxy compounds, semiconductor resist materials and others. The Synthetic Resins segment is engaged in the manufacture and sale of polyester resins, wrapping plastics and others. The Pyrotechnic segment is engaged in the manufacture and sale of propellant powder and emergency evacuation systems for aircraft passengers, among others. The Others segment is engaged in the provision of production innovation services and other businesses.
DAICEL CORPORATION 
