Kumagai Gumi : Notice Regarding the Status of Acquisition of Own Shares
December 01, 2021 at 01:21 am EST
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This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between the English translation and the Japanese original, the original version shall prevail.
December 1, 2021
Company name : Kumagai Gumi Co., Ltd.
Representative : Yasunori Sakurano, President
Securities code : 1861
Stock exchange listings : Tokyo Stock Exchange, 1st Section
Notice Regarding the Status of Acquisition of Own Shares
Acquisition of Own share according to the articles of incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan 〕
Kumagai Gumi Co., Ltd., based on the resolution made at the meeting of the Board of Directors held on November 11, 2021, has acquired its own shares in accordance with Article 156 of the Companies Act, applicable pursuant to Article 165, 3 of the said Act.
We hereby inform you of the Status of Acquisition below.
1.Period of acquisition:
November 29, 2021 to November 30, 2021 (on a trade basis)
2.Type of shares acquired:
Shares of Common stock
3.Total number of shares acquired:
88,800 shares
4.Total amount of acquisition price:
236,122,700 yen
5.Method of acquisition:
Market purchases on the Tokyo Stock Exchange
(Reference)
1.Details of the resolution relating to the acquisition of own shares at the meeting of the Board of Directors held on November 11, 2021
(1) Type of shares to be acquired:
(2)Total number of shares to be acquired:
Shares of Common stock
1,800,000 shares (maximum)
(3.9% of the total number of shares outstanding (excluding treasury shares))
(3)Total amount of acquisition price:
4 billion yen (maximum)
(4)Period of acquisition:
November 29, 2021 to March 31, 2022
(5)Method of acquisition:
Market purchases on the Tokyo Stock Exchange
2.Cumulative number of own shares acquired up to November 30, 2021 based on the above resolution (on a trade basis)
(1) Total number of shares acquired:
88,800 shares
(2)Total amount of acquisition price:
236,122,700 yen
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Kumagai Gumi Co. Ltd. published this content on 01 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2021 06:20:09 UTC.
Kumagai Gumi Co Ltd is mainly engaged in the construction business and related business. The Company operates in three business segments. The Civil Works segment is engaged in the investigation, survey, planning, design, supervisor of construction works, and the provision of general engineering. The Construction segment is engaged in the investigation, survey, planning, design, supervisor of construction of apartment houses, offices and government buildings, factories, power stations. The Subsidiaries segment conducts construction business, the manufacture and sale of equipment for construction, and provision of construction technology products.