(Under the provision of its Articles of Incorporation in accordance with Article 459, paragraph 1 of the Companies Act of Japan)
Tokyo, August 7, 2019 – CMIC HOLDINGS Co., Ltd.(TSE:2309) today announced the status relating to acquisition of its own shares, as approved by its Board of Directors meeting on April 26, 2019, under Article 459, paragraph 1 of the Companies Act of Japan, as follows.
We hereby also announced that the share repurchase based on resolution above has been completed.
1.Class of shares acquired | Common stock of CMIC HOLDINGS |
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2.Total number of shares acquired | 84,000 shares |
3. Aggregate amount of acquisition cost | 160,336,300 yen |
4.Period of acquisition | From August 1, 2019 to August 6, 2019 |
5.Method of acquisition | Purchase on the Tokyo Stock Exchange (By securities company using discretionary method) |
(Reference)
1.Details of the resolution adopted at the meeting of the Board of Directors on April 26, 2019
(1)Class of shares to be acquired | Common stock of CMIC HOLDINGS |
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(2)Total number of shares to be acquired | up to 550,000 shares (The percentage compared to the total number of shares outstanding: 2.96% (excluding treasury stock)) |
(3)Aggregate amount of acquisition cost | Up to 1 billion yen |
(4)Period of acquisition | From May 7, 2019 to September 30, 2019 |
(5)Method of acquisition | Purchase on the Tokyo Stock Exchange (By securities company using discretionary method) |
2.Number of shares repurchased based on the above resolution:
(1)Total Number of shares acquired | 500,600 shares |
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(2)Aggregate amount of acquisition cost | 999,933,900 yen |