Calbee : Announcement Concerning Status and Completion of Acquisition of Treasury Stock
February 18, 2022 at 03:51 am
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February 18, 2022
Calbee, Inc.
TSE 1st Section: Code No. 2229
Announcement Concerning Status and Completion of Acquisition of
Treasury Stock
Calbee, Inc. announces the status of acquisition of treasury stock pursuant to the provisions of Article 156 of the Companies Act of Japan, as applied mutatis mutandis under Article 165, Paragraph 3 of the Act.
The acquisition of the treasury stock, which has been resolved at the meeting of the Board of Directors of the Company held on October 29, 2021, has been completed.
(1)
Class of shares acquired
Common shares
(2)
Number of shares acquired
1,589,500 shares
(3) Acquisition cost
4,000,034,900 yen
(4)
Period of acquisition
February 1, 2022 to February 18, 2022
(Contract date basis)
(5)
Method of acquisition
Market purchase on the Tokyo Stock Exchange
(Including ToSTNeT-3)
(Reference)
1. The matters for resolution at the Board of Directors meeting held on October 29, 2021
(1)
Class of shares to be acquired
Common shares
(2)
Total number of shares to be acquired
Up to 5,500,000 shares
(4.11% of total number of outstanding shares
(excluding treasury stock))
(3)
Total acquisition cost
Up to 12 billion yen
(4)
Period of acquisition
November 1, 2021 to March 31, 2022
(5)
Method of acquisition
Market purchase on the Tokyo Stock Exchange
2. Total number of shares acquired as of February 18, 2022 pursuant to the Board of Directors resolution above:
(1)
Total number of shares acquired
4,544,100 shares
(2)
Total acquisition cost
11,999,965,267 yen
***ENDS***
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Calbee Inc. published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 08:50:01 UTC.
Calbee, Inc. is a Japan-based company mainly engaged in the manufacture and sale of snack confectionary, bakery food and cereal food. The Company operates Food Manufacture and Sale segment. The Food Manufacture and Sale segment is engaged in the manufacture and sale of potato series snacks such as potato chips, wheat series snacks and corn series snacks, bakery food such as confectionary bread and prepared food bread, as well as cereal food. The Company is also engaged in the logistics business.