Kureha Corporation hereby announces the status of its share repurchase carried out in accordance with Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3 of the said Act.
1.
Period of repurchase
From December 23,2019 to January 17, 2020
(contract date basis)
2.
Type of shares repurchased
Common shares of Kureha Corporation
3.
Number of shares repurchased
31,900 shares
4.
Repurchase cost
¥210,176,000
5.
Repurchase method
Open market purchase on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution regarding the share repurchase passed by the Board Directors on
May 14, 2019
1) Type of shares to be repurchased:
Common shares of Kureha Corporation
2)
Number of shares to be repurchased: Up to 750,000 shares
(3.7% of total issued shares excluding treasury shares)
3)
Cost of repurchase:
Up to ¥5,000,000,000
4)
Repurchase period:
May 15, 2019 - March 31, 2020
2. Cumulative number of treasury shares repurchased as of May 14, 2019 based on the aforementioned resolution
Total number of shares repurchased: 711,600 shares
Total cost for repurchase:
¥4,779,254,000
* * * * * * * *
For further information, please contact:
Kureha Corporation, Public & Investor Relations Department, Tel: +81-3-3249-4651
Kureha Corporation published this content on 21 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2020 06:48:03 UTC
KUREHA CORPORATION is a Japan-based company that mainly offers functional, chemical and resin products. The Company operates in five business segments. The Functional Products segment manufactures and sells functional resins and carbon products. The Chemical Products segment manufactures and sells pharmaceuticals, agricultural chemicals, inorganic chemicals, and organic chemicals. The Resin Products segment manufactures and sells food packaging materials and household products. The Construction-Related segment engages in construction contract for civil engineering and construction work, construction work supervision and repair work supervision for industrial facilities. The Others segment engages in transportation and warehousing business, sales, rental and management of real estate, industrial waste treatment and sales of environment-related treatment equipment, operation of hospitals and nursing care facilities for the elderly, as well as others.