OMRON : Notice Regarding the Status (Progress Report) of Acquisition of Treasury Stock
August 01, 2022 at 11:44 am IST
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August 1, 2022
Company name
:
OMRON Corporation
Representative
: Yoshihito Yamada, President & CEO
Stock code
:
6645
Stock exchange
:
Tokyo (Prime Market)
Contact
: Takuro Okada, General Manager
Investor Relations Dept.
Phone
: +81-75-344-7048
Notice Regarding the Status (Progress Report) of Acquisition of Treasury Stock
(Acquisition of treasury stock in accordance with the provisions of the Articles of
Incorporation pursuant to Paragraph 2 Article 165 of the Companies Act)
KYOTO, Japan - OMRON Corporation (TOKYO: 6645; ADR: OMRNY) announces the status of the acquisition of treasury stock resolved at the meeting of the board of directors held on July 26, 2022 in accordance with the previsions ofArticle 156 of the CompaniesAct, as pursuant to Paragraph 3Article165 of the same Act.
(1) Type of shares acquired
: Common stock of OMRON Corporation
(2) Number of shares acquired
:
56,800 shares
(3) Total amount of acquisition
:
410,340,200 yen
(4) Period of acquisition
: From July 27, 2022 to July 31, 2022 (Trade base)
(5) Method of acquisition
:
Discretionary trading by securities company
Reference
1. Details of the resolution at the meeting of the board of directors held on July 26, 2022
(1) Type of shares to be acquired
: Common stock of OMRON Corporation
(2) Total number of shares to be acquired
:
3,300,000 shares (maximum)
(1.65% of total shares outstanding (excluding treasury stock))
(3) Total price of shares to be acquired
:
20,000,000,000 yen (maximum)
(4) Acquisition period
:
July 27, 2022 to March 31, 2023
2. Total number and price of shares acquired pursuant to the above (as of July 31, 2022)
(1) Total number of shares acquired :
56,800 shares
(2) Total price of shares acquired
:
410,340,200 yen
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Omron Corporation published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 06:13:24 UTC.
OMRON Corporation specializes in manufacturing and marketing industrial automation systems. Net sales break down by family of products as follows:
- industrial automation systems (56.7%): sensors, switches, programmable controllers, automatic optical inspection devices, temperature control systems, etc.;
- medical equipments (17.4%): thermometers, blood pressure monitors, etc.;
- electronic and mechanical devices and modules (14%);
- social infrastructure solutions and systems (11.5%): energy and environmental solutions, public transport automation solutions (automatic doors, automated ticket vending machines, etc.), road traffic control systems, security, payment and network protection systems, etc.;
- other (0.4%).
Net sales are distributed geographically as follows: Japan (38%), China (25.7%), Europe (15.8%), Americas (10.3%) and other (10.2%).