Heiwa Real Estate : August 24, 2022Notice Regarding The Status and Conclution of Own Shares Repurchases(120KB)
August 24, 2022 at 11:48 am IST
Share
[Translation]
August 24, 2022
To Whom It May Concern
Kiyoyuki Tsuchimoto
Representative Executive Officer,
President and CEO
Heiwa Real Estate Co., Ltd.
(Code No. 8803) TSE Prime Market,
NSE Premier Market,Fukuoka, and Sapporo
Notice Regarding The Status and Conclution of Own Shares Repurchases
(Acquisition of Own Shares according to the Provisions of the Articles of Incorporation pursuant to the Provisions
of Paragraph 2, Article 165 of the Companies Act)
Heiwa Real Estate Co., Ltd. (the "Company") hereby announced the status of repurchases of shares of its common stock conducted pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Companies Act. This concludes Company's repurchase of its common stock authorized by the Board of Directors' meeting held on April 28, 2022.
Particulars
1.
Class of shares repurchased:
Common stock of the Company
2.
Total number of shares repurchased:
149,000 shares
3.
Aggregate repurchased amount:
566,137,495 yen
4.
Period for repurchases:
From August 1, 2022, to August 23, 2022(contractual basis)
5.
Method of repurchase:
Acquisitions on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution approved at the board of directors' meeting held on April 28, 2022
(1)
Class of shares to be acquired:
Common stock of the Company
(2)
Total number of shares to be acquired:
750,000 shares (upper limit)
(Ratio to the number of outstanding shares (excluding
treasury shares): 2.05%)
(3)
Aggregate amount of acquisition cost:
2.5 billion yen (upper limit)
(4)
Period of acquisition:
From May 2, 2022 to August 31, 2022
2. Total number and value of shares repurchased pursuant to the resolution approved at the Board of Directors' meeting held on April 28, 2022(as of August 23, 2022):
(1)
Total number of shares repurchased:
646,100 shares
(2)
Aggregate repurchased amount:
2,499,817,973 yen
Attachments
Original Link
Original Document
Permalink
Disclaimer
Heiwa Real Estate Co. Ltd. published this content on 24 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 06:17:03 UTC.
HEIWA REAL ESTATE CO.,LTD. is a Japan-based company mainly engaged in leasing business and real estate solution business. The Company operates in two business segments. The Leasing segment specializes in the development, leasing, management and operation of stock exchanges, offices, commercial facilities and housing. The Real Estate Solution segment is engaged in the development, sales, operation and management of real estates for revenue, development and sales of residential houses as well as real estate agency business. The Others businesses include the maintenance and repair of building equipment, contract work for repair, insurance agency business, etc.