This is an unofficial translation. In the event of any discrepancy between the original
Japanese text and this English translation, the Japanese text shall prevail.
July 1, 2024
To whom it may concern
Company Name: AVANT GROUP CORPORATION
Name of Representative: Tetsuji Morikawa,
President and Group CEO
(Code: 3836, TSE Prime Market)
Inquiries: Naoyoshi Kasuga, Director and Group CFO
(TEL: 03-6388-6739)
Notice on the status of Acquisition of Own Shares
(Acquisition of treasury stock in accordance with the Articles of Incorporation pursuant to
Article 165, Paragraph 2 of the Companies Act)
The Company hereby announces the following information on the status of share buy-backs in accordance with Article 156 of the Companies Act as applied pursuant to Article 165(3) of the same Act, which was resolved at a meeting of the Board of Directors held on 26 April 2024.
(1) | Class of shares to be acquired | Common stock |
(2) | Total number of shares acquired | 152,800 shares |
(3) | Total value of shares acquired | 201,692,195 yen |
(4) | Acquisition period | 3 June 2024 to 28 June 2024 (Contractual basis) |
(5) | Method of acquisition | Market purchases on the TSE |
(For reference)
1. Resolutions adopted by the Board of Directors of the Company at its meeting on 26 April 2024
(1) | Class of shares to be acquired | Common stock |
(2) | Total number of shares that may be acquired | 1.2 million shares (maximum) |
(3) | Total amount for shares to be acquired | 1 billion yen (maximum) |
(4) | Acquisition period | May 1, 2024 to November 30, 2024 |
2. Cumulative number of treasury shares acquired in accordance with the Board of Directors' resolutions above (as at 31 May 2024)
(1) | Total number of shares acquired | 364,100shares |
(2) | Total value of shares acquired | 477,635,185 yen |
Ends
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Disclaimer
Avant Corporation published this content on 01 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2024 07:28:32 UTC.