This is a translation of the original Japanese release. The Japanese text shall prevail in case of any variance between this version and the Japanese text.
Company | BEENOS Inc. | |
President and Group CEO | Shota Naoi | |
Tokyo Stock Exchange First Section Code: 3328 | ||
Contact | Vice President and Group CFO | Koji Nakamura |
TEL | +81-3-6859-3328 |
Notification of Share Repurchase
(Share repurchase pursuant to the Company's Article of Incorporation in accordance with the
provisions of Article 165, Paragraph 2 of Companies Act)
Tokyo, Japan - 27 May 2021 - BEENOS Inc. (BEENOS) announced the share repurchase in accordance with Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 of the Act as resolved in its board meeting held on 27 May 2021.
1. Reason for Share Repurchase
BEENOS will repurchase its own shares in order to pursue a timely and flexible capital policy in response to changes in the operating environment.
2. Details of Matters Related to the Share Repurchase
(1) | Class of shares to be | Common stock |
repurchased | ||
(2) | Total number of shares | 160,000 shares |
to be repurchased | (1.2% of the total number of shares issued [excluding treasury stock]) | |
(3) | Total repurchase cost | 800,000,000 JPY |
(4) | Repurchase period | 28 May 2021 to 30 June 2021 |
※Stocks may not be acquired depending on market trends, (Reference) Treasury stock held as of 27 May 2021
Total number of shares | |
issued (excluding treasury | 12,996,793 shares |
stock) | |
Number of treasury stock | 339,202 shares |
shares | |
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Disclaimer
Beenos Inc. published this content on 27 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2021 06:02:02 UTC.