KANSAI PAINT CO., LTD. (This document is a summary English translation of the original Japanese document. If there are any discrepancies between this document and the original Japanese document, the original Japanese document prevails.)
4 March 2024
To whom it may concern:
Company Name: Kansai Paint Co., Ltd.
Representative: MORI Kunishi, Representative Director of the Board, President
(Code number: 4613, Tokyo Stock Exchange Prime Market)
Contact: MASUTANI Yoichi, Director, Finance & Accounting Dept., Corporate Finance Div. (Tel.：+81-6-7178-5531)
Notice Concerning the Status of Acquisition of Own Shares
(Acquisition of treasury stock pursuant to the provisions of the Articles of Incorporation per Article 165,
Paragraph (2) of the Companies Act)
Kansai Paint Co., Ltd. (the "Company") hereby announces that the status of following matters related to the acquisition of own shares pursuant to the Article 156 of the Companies Act as applied mutatis mutandis to the provisions of Article 165, paragraph (3) of the same Act at a meeting of the Board of Directors held on 21 February 2024.
Matters regarding Repurchase
1. | Class of shares Repurchased | Common stock |
2. | Total Number of shares | 15,170,100 shares |
Repurchased | ||
3. | Total Repurchase Price of | ¥34,980,748,700 |
shares | ||
4. | Repurchase Date | From 22 February 2024 to 29 February 2024 |
5. | Repurchase Method | Market purchase (including purchases through an off-auction own share |
purchase transaction (ToSTNeT-3)) at the Tokyo Stock Exchange | ||
(Reference)
1. Resolution of the Board of Directors held on 21 February 2024 regarding Repurchase of Shares
(1) | Class of shares to be | Common stock |
Repurchased | ||
(2) | Total Number of shares which | Up to 20,000,000 shares |
may be Repurchased | (8.78% of the total issued shares (excluding treasury stock)) | |
(3) | Total Repurchase Price of | Up to ¥40 billion |
Shares | ||
(4) | Repurchased period | From 22 February 2024 to 21 February 2025 |
(5) | Repurchase Method | Market purchase (including purchases through an off-auction own share |
purchase transaction (ToSTNeT-3)) at the Tokyo Stock Exchange | ||
2. Cumulative Number of Shares Repurchased pursuant to Resolution of the Board of Directors referred to above (As of 29 February 2024)
(1) | Total number of shares | 15,170,100 shares |
Repurchased | ||
(2) | Total Repurchase price of | ¥34,980,748,700 |
shares | ||
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Disclaimer
Kansai Paint Co. Ltd. published this content on 04 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2024 07:04:02 UTC.
