Yamazen : Notice Regarding Acquisition Status of Own Shares
August 02, 2017 at 11:32 am IST
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Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Aug 1, 2017
Company name: YAMAZEN CORPORATION
Representative: Yuji NAGAO President, CEO & COO
(Code No.8051; The first section of Tokyo Stock Exchange) Inquiries: Manager, IR & PR Dept. Yoshihiro OZAKI
TEL 06-6534-3095
Notice Regarding Acquisition Status of Own Shares
(Acquisition of Own Shares Based on Provisions of the Articles of Incorporation Pursuant to Article 459, Paragraph 1, Item 1 of the Companies Act)
YAMAZEN CORPORATION ("the Company") hereby announces that the company has acquired own shares based on the provisions of the articles of incorporation under the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act as follows.
Acquisition Period; July 1, 2017 - July 31, 2017 (Agreement Base)
Type of Shares Acquired; The common shares of the Company
Total number of acquired shares; 125,700 shares
Total value of the acquisition price of shares; 141,870,796 yen
Method of acquisition; Purchase on the Tokyo Stock Exchange by Securities Company using discretionary method
(Reference)
Resolution content at Board of Directors meeting held on March 9,
Type of shares to be acquired; The common shares of the Company
Total number of shares that can be acquired; 1.5 million shares (maximum) (Percentage of issued shares (excluding own shares) 1.59%)
Total Amount of Acquisition of Shares; JPY1.7 Billion (Upper Limit)
Period for Acquisition; March 10, 2017 - March 9, 2018
Based on the above resolution of the Board of Directors, the accumulate own shares acquired by July 31,
Total number of shares acquired; 484,700 shares
Total amount of acquisition price of shares; 538,359,287 yen
YAMAZEN Corporation published this content on 01 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 August 2017 06:01:09 UTC.
Original documenthttp://www.yamazen.co.jp/content/download/16974/149527/file/jikokabu_170801_e.pdf
Public permalinkhttp://www.publicnow.com/view/CA1536796080432D047B7DFC63A677E412D21A83
YAMAZEN CORPORATION is a Japan-based company engaged in the sale of production goods, home building materials and household equipment products. The Company operates in three business segments. The Production Goods segment provides the machinery business and kiko business. The machinery business is engaged in the sale, import and export of machine tools, forging and sheet metal machines, machine tool peripherals. The kiko business is engaged in the sale, import and export of materials handling, mechatronics, environmental improvement equipment, cutting tools, steel processing machinery, air conditioning equipment. The Housing segment is engaged in the sale of kitchen appliances, cooking appliances, bathroom appliances, wash basins. The Household Equipment segment is engaged in the plan, development and sale of home appliances, interior goods, leisure and sports goods, pet supplies, gardening goods. The Company also provides event planning, travel mediation, storage business.