Mebuki Financial : Notice regarding Acquisition of Own Shares
May 10, 2024 at 02:10 am EDT
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May 10, 2024
Company name: Mebuki Financial Group, Inc. Representative: Tetsuya Akino, President (Code number:7167 Prime Market, Tokyo Stock Exchange)
Notice regarding Acquisition of Own Shares
(Acquisition of Own Shares pursuant to the Provisions of the Articles of Incorporation under the Provisions of Article 459(1) of the Companies Act of Japan)
Mebuki Financial Group Inc. (the "Company") hereby announces that its board of directors resolved at its meeting held on May 10, 2024 to acquire its own shares pursuant to the provisions of the articles of incorporation under the provisions of Article 459(1) of the Companies Act of Japan. Details of the acquisition are as follows.
1.Reasons for Acquisition
To enhance shareholder return and to improve capital efficiency
2.Details of Acquisition
(1)
Type of shares to be acquired
Common stock
(2)
Total number of shares to be
Up to 20,000,000 shares
acquired
(1.96% of total number of shares issued (excluding
treasury stock))
(3)
Total amount of acquisition cost
Up to 10,000,000,000 yen
(4)
Period of acquisition
From May 13, 2024 to July 31, 2024
(5)
Method of acquisition
Market purchases on the Tokyo Stock Exchange
(Reference) Status of treasury stock as of March 31, 2024
(1) Total number of shares issued (excluding treasury stock)
1,016.202,636 shares
(2) Number of shares of treasury stock
852,582 shares
End
Inquiries:
Corporate Planning Department Tel:029-300-2605
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Mebuki Financial Group Inc. published this content on
10 May 2024 and is solely responsible for the information contained therein. Distributed by
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10 May 2024 06:08:58 UTC.
Mebuki Financial Group Inc is a Japan-based company mainly engaged in the provision of comprehensive financial services centered on banking business. The Company is mainly engaged in the provision of banking business, as well as other business related to financial services such as leasing business, securities business, credit guarantee business and credit card business.