Fuji : Notice regarding the Status of Share Repurchase Program
November 01, 2023 at 12:50 pm IST
Share
November 1, 2023
To All Concerned Parties,
Company:
FUJI CORPORATION
Representative:
Joji Isozumi, President & COO
(Securities Code: 6134, TSE Prime, NSE Premiere)
Contact:
Junichi Kano, CFO
(Tel: +81 566-81-8246)
Notice regarding the Status of Share Repurchase Program
(Share repurchase pursuant to Articles of Incorporation in accord with Article 165(2) of the Companies Act)
Fuji Corporation (hereinafter referred to as the "Company") hereby announces the status of the share repurchase program, resolved at the Board of Directors meeting held on May 11, 2023 to repurchase its stock pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Companies Act of Japan.
Class of shares repurchased
Shares of common stock of the Company
Number of shares repurchased
736,300 shares
Amount paid for repurchase
JPY 1,718,493,950
Repurchase period
October 1 to October 31, 2023 (on a trade date
basis)
Repurchase method
Market purchase on the Tokyo Stock Exchange
(Reference)
a. Details of the repurchase resolved by the Board of Directors on May 11, 2023
Class of shares to be repurchased:
Total number of shares to be repurchased:
Total amount of repurchase price:
Repurchase period:
Repurchase method:
Shares of common stock of the Company
6,000,000 shares (maximum)
(Represents 6.22% of the total number of issued shares excluding treasury stock)
JPY 10,000,000,000 (maximum) From May 12, 2023 to May 11, 2024
Market purchase on the Tokyo Stock Exchange
Total accumulated number of treasury shares acquired based on the resolution at the Board of Directors mentioned above (as of October 31, 2023)
Total number of shares repurchased:
2,995,300 shares
Total amount of repurchase price:
JPY 7,227,366,200
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Disclaimer
Fuji Machine Mfg Co. Ltd. published this content on 01 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2023 07:19:10 UTC.
Fuji Corp is a Japan-based company mainly engaged in the manufacture and sale of electronic component mounting robot and machine tools. The Company operates in two business segments. The Robot Solution segment manufactures and sells electronic component mounting robot. The Machine Tool segment manufactures and sells specialty machinery and automated lathes. The Company is also involved in the manufacture of control devices and electronic circuit boards, as well as the development of software.