Kakaku com : Notice Concerning the Status of Acquisition of Treasury Stock
April 03, 2017 at 08:16 am IST
Share
For Immediate Release
(English translation of the original Japanese document)
April 3, 2017
Company name: Kakaku.com, Inc. Representative: Shonosuke Hata, President and Representative Director (Stock code: 2371; First Section of the Tokyo Stock Exchange)
Notice Concerning the Status of Acquisition of Treasury Stock
(Acquisition of Treasury Stock under the Provisions of the Articles of Incorporation Pursuant to Article 165, Paragraph 2 of the Companies Act)
Kakaku.com, Inc. (the "Company") hereby announces the status of acquisition of treasury stock pursuant to the provisions of Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, Paragraph 3 of the Companies Act.
Acquisition period March 16, 2017 to March 31, 2017
Total number of shares acquired 761,000 shares
Total acquisition cost 1,220,203,101 yen
Method of acquisition Open market purchase through the Tokyo Stock Exchange
For reference:
Details of the March 15, 2017 resolution of the Board of Directors
Class of shares to be acquired Common stock of Kakaku.com, Inc.
Total number of shares to be Acquired
3,500,000 shares (maximum)
Total acquisition cost 5,000,000,000 yen (maximum)
Acquisition period March 16, 2017 to May 15, 2017
The accumulative number of own shares repurchased until March 31, 2017, pursuant to the Board of Directors resolution above:
Total number of shares acquired 761,000 shares
Total acquisition cost 1,220,203,101 yen
Kakaku.com Inc. published this content on 03 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 April 2017 02:46:14 UTC.
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Kakaku.com Inc is a Japan-based company mainly engaged in the operation of purchasing support Website Kakaku.com. The Company operates through two business segments. Internet Media segment is engaged in the operation of Websites that provide price comparison service, restaurant search and reservation service, real estate information, travel information, movie information, automobile information, bus information and inheritance procedure service. The segment also develops dynamic package system, movie contents and Website production. The Finance segment is involved in the insurance agency business.