Taiheiyo Cement : Notice regarding the status of share repurchase(share repurchase pursuant to the Articles of Incorporation based on Article 165, Paragraph 2 of the Companies Act)
September 02, 2021 at 12:12 pm IST
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This document is a translated version of the Japanese original. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
September 2, 2021
Notice regarding the status of share repurchase
(share repurchase pursuant to the Articles of Incorporation based on Article 165, Paragraph 2 of the Companies Act)
Taiheiyo Cement Corporation (the "Company") hereby announces the status of repurchase of its shares approved at the meeting of its Board of Directors held on August 10, 2021, pursuant to the provisions of Article 156 of the Companies Act as applied by replacing certain terms under the provisions of Article 165, Paragraph 3 of the same Act.
1.
Class of shares repurchased
Common shares of the Company
2.
Total number of shares repurchased
1,181,000 shares
3.
Total repurchase amount
¥2,998,148,900
4.
Period for the repurchase
From August 11, 2021 to August 31, 2021
5.
Method of the repurchase
Purchase through the Tokyo Stock Exchange
(Reference)
1.
Details of resolution at the meeting of the Board of Directors held on August 10, 2021
(1)
Class of shares to be repurchased
Common shares of the Company
(2)
Total number of shares to be repurchased
2,500,000 shares (maximum)
(2.10% of the total number of shares issued (excluding treasury
stock))
(3)
Total repurchase amount
¥5.0 billion (maximum)
(4)
Period for the repurchase
From August 11, 2021 to October 29, 2021
(5)
Method of the repurchase
Purchase through the Tokyo Stock Exchange
2.
Cumulative total of shares repurchased based on the above resolution (As of August 31, 2021)
(1)
Total number of shares repurchased
1,181,000 shares
(2)
Total repurchase amount
¥2,998,148,900
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Taiheiyo Cement Corporation published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 06:41:03 UTC.
Taiheiyo Cement Corporation is one of the Japanese largest cement and building materials producers. The group is also manufacturing electronic and ceramic products and is proposing environmental services. Net sales break down by activity as follows:
- sale of cement (70.7%);
- sale of construction materials (7.9%): aggregates, ready-for-use concrete, autoclaved concretes, etc.;
- waste collection, processing and incineration (7.8%);
- mining operating (6.1%);
- other (7.5%): real estate assets management, computing, engineering, transportation, warehousing services, etc.
Net sales break down geographically as follows: Japan (73%), North America (17.4%) and other (9.6%).
Taiheiyo Cement : Notice regarding the status of share repurchase(share repurchase pursuant to the Articles of Incorporation based on Article 165, Paragraph 2 of the Companies Act)
TAIHEIYO CEMENT CORPORATION 
