[Translation for Reference Purpose Only]

June 3, 2022

To All Concerned Parties

Company Name:

Open House Group Co., Ltd.

Representative:

Masaaki Arai, President and CEO

Securities code:

3288, TSE

Contact:

Kotaro Wakatabi, Senior Managing Director and CFO

Notice Regarding the Status of Share Acquisition

(Acquisition of Treasury Share Pursuant to Article 165, Paragraph 2 of the Companies Act and the

Company's Articles of Incorporation)

Open House Group Co., Ltd. (the "Company") hereby announces that the Company acquired its treasury shares in accordance with Article 156 of the Companies Act, applied following the deemed replacement of terms pursuant to the provisions of Article 165, paragraph 3 of the same Act, as resolved at the Board of Directors meeting held on May 13, 2022.

(1)

Type of shares to be acquired

Common shares

(2)

Period of acquisition

May 16, 2022 to May 31, 2022

(on a contract basis)

(3)

Total number of shares to be acquired

3,773,900 shares

(4)

Total amount for share acquisition

¥ 18,923,034,000

Market purchases on the Tokyo Stock Exchange

(5)

Method of acquisition

including Off-Auction Own Share Repurchase

Trading (ToSTNeT-3)

1/2

(References)

1. Details of the resolution approved at the Board of Directors meeting held on May 13, 2022

(1)

Type of shares to be acquired

Common shares

(2)

Total number of shares to be acquired

7,500,000 shares (maximum)

(5.94% of total number of shares outstanding)

(3)

Total amount for share acquisition

¥ 30 billion (maximum)

(4)

Acquisition period

May 16, 2022 to September 30, 2022

(5)

Acquisition method

(i) Purchases through Off-Auction Own Share

Repurchase Trading (ToSTNeT-3) of the Tokyo

Stock Exchange

(ii) Open market purchases on the Tokyo Stock Exchange

2/2

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Open House Co. Ltd. published this content on 10 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2022 06:41:10 UTC.