To: all concerned parties March 16, 2017
Toho Gas Co., Ltd.
Notice of Status and Results of Share Buy-back(Share buy-back pursuant to the Articles of Incorporation in accordance with Article 165, paragraph 2 of the Corporation Code)
Toho Gas announces that the company repurchased its shares, pursuant to Article 156 of the Corporation Code as applied pursuant to Article 165, paragraph 3.
With this transaction, the Company has reached the stock repurchase limit approved at the Board of Directors' meeting held on February 28, 2017.
Types of shares repurchased: Common stock
Number of shares repurchased: 1,724,000 shares
Total value of shares repurchased: ¥1,391,475,000
Period of repurchase: From March 2, 2017 to March 15, 2017 (Commitment basis)
Method of repurchase: Market purchase on Tokyo Stock Exchange
[Reference 1]
Details of resolution at the Board of Directors' meeting held on February 28, 2017
Types of shares to be repurchased: Common stock
Number of shares to be repurchased: Up to 2.8 million shares
(representing 0.5% of outstanding shares (excluding treasury shares))
Value of shares to be repurchased: Up to ¥2.2 billion
Acquisition period: From March 1, 2017 to March 24, 2017
Number of shares repurchased: 2,724,000 shares
Total value of shares repurchased: ¥2,199,475,000
[Reference 2]
Cumulative total of shares repurchased
TOHO GAS Co. Ltd. published this content on 16 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 March 2017 06:17:15 UTC.
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