Fibergate : Notice of Decision on Matters Related to Acquisition of Treasury Stock

December 06, 2021

Notice of Decision on Matters Related to Acquisition of Treasury Stock

We resolved the following matters regarding the repurchase of treasury stock in accordance with the provisions of Article 156 of the Companies Act as applied by replacing certain terms pursuant to the provisions of Article 165, Paragraph 3 of the same Act.

As this matter was decided at the meeting of the Board of Directors on December 5, 2021 (Sunday), it is disclosed today.

Notes

1. Reason for Conducting the Share Repurchase
   The Company acquires treasury stock in order to improve capital efficiency by comprehensively taking into account cash on hand and stock price levels, etc., and implementing them flexibly.
2. Details of matters pertaining to the acquisition

1. Class of Shares Subject to Acquisition Our Common Stock
2. Total number of shares to be repurchased: 92,900 shares (maximum)

(0.45% of the total number of issued shares (excluding treasury stock))

1. Total amount of shares to be acquired: ¥100 million (maximum)
2. Acquisition Method Purchase on the Tokyo Stock Exchange
3. Acquisition period: December 6, 2021 to January 25, 2022

(Reference) Treasury stock held as of November 30, 2021

Total number of issued shares (excluding treasury stock): 20,591,200 shares

Number of treasury stock: 103,716 shares

Inquiries	Shuji Iwata
	TEL: [phone]
	Mail: [e-mail] URL: www.fibergate.co.jp/en/