[Delayed]Notice: Regarding the Result of Share Repurchase
June 02, 2022 at 02:04 pm IST
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Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
June 1, 2022
Company name: Iida Group Holdings Co., Ltd.
Representative: Masashi Kanei, President and Representative Director
Stock code: 3291, Tokyo Stock Exchange (Prime Market)
For inquiry: Hiroshi Nishino, Executive Board Director and Representative Director(Tel: +81-422-38-8828)
Notice: Regarding the Result of Share Repurchase
(Repurchase based on the rules stipulated in the Articles of Incorporation under Article 165, Item 2 of
the Companies Act)
Iida Group Holdings Co., Ltd. (hereafter "the Company") announces the result (progress) of share repurchase of its own shares based on Article 156 of the Companies Act as applied pursuant to Article 165, Item 3 of the same Act.
(1)
Class of shares for the
Common shares of the Company
repurchase
(2)
Total number of the shares
400,000 shares
repurchased
(3)
Total value of the
¥811,301,700
repurchase
(4)
Period of the repurchase
From May 25, 2022 to May 31, 2022
(5)
Method of the repurchase
Market purchase in Tokyo Stock Exchange
(Ref.)
1.Details of the resolution at the Board of Directors' meeting held on May 24, 2022
(1)
Class of shares for the
Common shares of the Company
repurchase
(2)
Limit of the number of
8 million shares
shares for the repurchase
(Ratio to the total number of issued shares, excluding treasury shares: 2.77%)
(3)
Total value of the
¥20 billion
repurchase
(4)
Period of the repurchase
From May 25, 2022 to May 24, 2023
(5)
Method of the repurchase
Market purchase in Tokyo Stock Exchange
2.Total number of shares repurchased pursuant to the above Board resolution ( as of May 31, 2022 )
(1)
Total number of the shares
400,000 shares
repurchased
(2)
Total value of the
¥811,301,700
repurchase
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Disclaimer
Iida Group Holdings Co. Ltd. published this content on 02 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2022 08:31:02 UTC.
Iida Group Holdings Co., Ltd. is a holding company, which is principally engaged in the operation of real estate business. Through the subsidiaries, the Company is engaged in the detached house sale business, including the purchase of commercial lands, reclamation, planning, design, construction and sale, the provision of after-sale services, and land subdivision operation; the condominium sale business, including the operative construction and distribution of condominiums, and the contracted works, including the undertaken of real estate construction works. The Company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others. On May 22, 2014, it acquired 94.54% interests in a Japan-based company.