Ube Industries : Notice Regarding The Status and Conclusion of Stock Repurchases
October 25, 2021 at 02:04 am EDT
Share
For Immediate Release
Company name:
Ube Industries, Ltd.
Representative:
Masato Izumihara
President and Representative Director
Security code:
4208 (shares listed on First Section of Tokyo Stock
Exchange and Fukuoka Stock Exchange)
Contact:
Hirotaka Ishikawa, General Manager,
Finance & Investor Relations Department
Tel: +81-3-5419-6116
Notice Regarding The Status and Conclusion of Stock Repurchases
(Under the provision of its Articles of Incorporation in accordance with Article 165,
paragraph 2 of the Companies Act)
TOKYO, October 25, 2021 -Ube Industries, Ltd. hereby announced the status of repurchases of shares of its common stock conducted pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to paragraph 3, Ariticle 165 of the Companies Act. This concludes Company's repurchase of its common stock authorized by the Board of Directors meeting held on May 12, 2021.
Class of shares repurchased:
Total number of shares repurchased:
Aggregate repurchased amount:
Period for repurchases:
Method of repurchase:
Particulars
Common stock 839,800 shares ¥1,828,419,804
From October 1, 2021 to October 22, 2021 Acquisitions on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution approved at the Board of Directors meeting held on May 12, 2021
(1)
Class of shares to be acquired:
Common stock
(2)
Total number of shares to be acquired:
6,000,000 shares (maximum)
(The percentage compared to the total number of
shares outstanding: 5.9%)
Note: excluding treasury shares
(3)
Aggregate amount of acquisition cost:
¥10,000,000,000 (maximum)
(4)
Period of acquisition:
From May 13, 2021 to October 29, 2021
2. Total number and value of shares repurchased pursuant to the resolution approved at the Board of Directors meeting held on May 12, 2021 (as of October 22, 2021):
(1)
Total number of shares repurchased:
4,397,400 shares
(2)
Aggregate repurchased amount:
¥9,999,723,085
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Disclaimer
Ube Industries Ltd. published this content on 25 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 06:03:03 UTC.
UBE Corporation (formerly Ube Industries, Ltd.) specializes in manufacturing and marketing of chemical products. The group is also developing a production of building materials and industrial machines activity. Net sales break down by activity as follows:
- sale of basic chemical products (53%): polymers, polyamide resins, caprolactams, industrial chemical products, synthetic rubbers, elastomers, polyethylene films, etc.;
- manufacturing of molding machines and industrial equipments (21.7%);
- sale of specialty chemicals (10.8%): polyimides, membrane separation products, ceramics, boron trichloride, Tyranno type fibers, materials for lithium-ion batteries, phenol-formaldehyde resins, active pharmaceutical ingredients, etc., primarily for the electric vehicle, electronic components, semiconductor, biofuels and pharmaceutical industries;
- other (14.5%).
Net sales are distributed geographically as follows: Japan (63.4%), Asia (21.1%), Europe (8.7%) and other (6.8%).
UBE CORPORATION 
