KOITO MANUFACTURING CO., LTD. has announced on March 28, 2024, the matters concerning the acquisition of own shares pursuant to the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act. The Status of Acquisition of Own Shares based on the details of the announcement is as follows:
1. Class of shares acquired Common shares
2. Total number of shares acquired 2,470,900 shares
3. Aggregate amount of acquisition costs 5,555,905,550 yen
4. Acquisition period July 1, 2024 to July 31, 2024 (Trade dates)
5. Method of acquisition Market purchase on the Tokyo Stock Exchange
(References)
1.Detail of the acquisition of own shares resolved at the meeting of Board of Directors on March 28, 2024
(1) Class of shares to be acquired Common shares
(2) Total number of shares to be acquired 35 million shares (maximum)
(11.37% of total number of issued shares
(excluding treasury shares))
(3) Total amount of share acquisition costs 50 billion yen (maximum)
(4) Acquisition period From April 1, 2024 to March 24, 2025
(5) Method of acquisition Market purchase on the Tokyo Stock Exchange
2. Cumulative number of shares acquired by July 31, 2024 based on the details of the above resolution
(1) Total number of shares acquired 6,956,300 shares
(2) Aggregate amount of acquisition costs 15,497,988,550 yen
Announcement Regarding the Status of Acquisition of Own Shares