Murata Manufacturing : Notice regarding Status of purchase of the Company’s own shares (Purchase of Shares pursuant to the provisions of paragraph 2, Article165, of the Corporate Law of Japan)
May 08, 2024 at 02:14 am EDT
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May 8, 2024
Company name:
Murata Manufacturing Co., Ltd.
Name of representative:
Norio Nakajima
President and Representative Director
(Code: 6981, Tokyo Stock Exchange Prime Market)
Contact:
Kaori Kitasumi
General Manager of Strategic Finance Dept.
(Phone: 075-955-6525)
Notice regarding Status of purchase of the Company's own shares
(Purchase of Shares pursuant to the provisions of
paragraph 2, Article165, of the Corporate Law of Japan)
Murata Manufacturing Co., Ltd (the Company) today announced the status of purchase of the Company's own shares, implemented pursuant to the provisions of Article 156, as applied pursuant to paragraph 3, Article 165, of the Corporate Law, as follows.
1.
Type of shares purchased:
Common shares of the company
2.
Total number of shares purchased:
672,600 shares
3. Total amount of purchase costs of shares: JPY 1,957,672,900
4.
Procedure:
Market purchase through the Tokyo Stock Exchange
5.
Period of acquisition:
April 30, 2024
(Reference)
1. The matters for resolution at the Board of Directors meeting held on April 26, 2024
(1)
Type of shares to be purchased:
Common shares of the Company
(2)
Total number of shares to be purchased:
44,000,000 shares (up to)
(% of issued shares (not included treasury
Stock); 2.33%)
(3)
Total amount of purchase costs of shares:
JPY 80,000,000,000 (up to)
(4)
Procedure:
April 30, 2024 to October 31, 2024
2. The total number of shares purchased and total purchase costs accumulated after the date of resolution at the Board of Directors held on April 26, 2024 (as of April 30, 2024)
(1)
Total number of shares purchased:
672,600 shares
(2)
Total amount of purchase costs of shares:
JPY 1,957,672,900
-End of News Release-
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Murata Manufacturing Co. Ltd. published this content on
08 May 2024 and is solely responsible for the information contained therein. Distributed by
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08 May 2024 06:13:46 UTC.
Murata Manufacturing Co., Ltd. is one of the world leaders in design, production and marketing of innovative electronic components for the telecommunications and automobile sectors, etc. Net sales break down by family of products as follows:
- electronic components (74.4%): capacitors, piezoelectric components, etc.;
- modules (22.4%);
- other (3.2%).
Sales break down geographically as follows: Japan (9.2%), China (54.8%), Asia (15.6%), America (11.4%) and Europe (9%).
Murata Manufacturing : Notice regarding Status of purchase of the Company’s own shares (Purchase of Shares pursuant to the provisions of paragraph 2, Article165, of the Corporate Law of Japan)