T&D : Notice Regarding the Status of Acquisition of Treasury Shares
February 01, 2022 at 11:52 am IST
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February 1, 2022
T&D Holdings, Inc.
Hirohisa Uehara, President
(Security Code: 8795, TSE First Section)
Notice Regarding the Status of Acquisition of Treasury Shares
(Under the Provision of its Articles of Incorporation
pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
T&D Holdings, Inc. (President: Hirohisa Uehara) of the T&D Insurance Group hereby announces that it acquired treasury shares under the provision in Article 156 of the Companies Act of Japan, as applied pursuant to Article 165, Paragraph 3 of the same, as follows.
1.
Type of shares to be acquired
: Shares of common stock
2.
Total number of acquired shares
: 4,242,700 shares
3.
Total amount of acquisition
: 7,082,872,123 yen
4.
Period of acquisition
: From January 1, 2022, to January 31, 2022,
on the basis of execution date
5.
Method of acquisition
: Open-market repurchase by the discretionary
trading method
(Reference)
1. Details of the resolution regarding the acquisition of treasury shares at the board of directors meeting held on November 12, 2021.
1.
Type of shares to be acquired
: Shares of common stock
2.
Number of shares to be acquired
: Up to 55,000,000 shares
(9.44% of total shares outstanding (excluding
treasury shares))
3.
Total amount of acquisition
: Up to 40 billion yen
4.
Period of acquisition
: From November 15, 2021, to May 12, 2022
5.
Method of acquisition
: Open-market repurchase by the discretionary
trading method
2. The accumulative number of the acquired treasury shares pursuant to the above board of directors resolution as of January 31, 2022.
T&D Holdings Inc. published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 06:21:09 UTC.