Daicel : Notice Concerning the Status and Completion of acquisition of Treasury Stocks
March 28, 2022 at 11:28 pm
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This document is an English translation of a statement written originally in Japanese for reference. The Japanese original should be considered as the primary version.
March 1, 2022
To Whom It May Concern,
Company Name:
DAICEL CORPORATION
Representative:
Yoshimi Ogawa, President and CEO
(Code: 4202, First Section of the Tokyo Stock Exchange)
Contact:
Masahiko Hirokawa, Deputy General Manager,
Corporate Support Headquarters and General
Manager, Investor Relations & Corporate
Communications
(Phone: +81-3-6711-8121)
Notice Concerning the Status and Completion of acquisition of Treasury Stocks
(Acquisition of Treasury Stock Pursuant to the Articles of Incorporation Based on the Provision of Article 165, Paragraph 2 of the Companies Act)
DAICEL CORPORATION (The "Company") hereby announces the status of acquisition of treasury stocks under the provision of Article 156 of the Companies Act of Japan, as applied pursuant to Article 165, Paragraph 3 of the same Act. With this acquisition, the acquisition of treasury stocks has been completed.
1.
Class of shares acquired:
Common stock of the Company
2.
Total number of shares acquired :
1,125,000 shares
3.
Total Acquisition amount:
981,025,000 yen
4. Acquisition period:
February 1, 2022 to February 28, 2022
5. Acquisition method:
Purchase on the Tokyo Stock Exchange market
(Reference)
1.Details of the resolution approved at the Board of Directors Meetings held on November 5, 2021
(1)
Type of shares to be acquired:
Common stock of the Company
(2)
Total number of shares to be acquired:
6,000,000 shares (maximum)
(Representing 1.99% of outstanding shares,
excluding treasury shares)
(3)
Total amount of acquisition:
5 billion yen(maximum)
(4) Acquisition period:
November 8, 2021 to March 31, 2022
(5) Acquisition method:
Purchase on the Tokyo Stock Exchange market
2. Cumulative number of treasury stock acquired in accordance with the above resolution of the Board of Directors (as of February 28, 2022)
(1)
Total number of shares repurchased
6,000,000 shares
(2)
Total repurchase amount
4,982,622,700 yen
[End of document]
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Daicel Corporation published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 04:27:03 UTC.
Daicel Corporation is mainly engaged in the manufacture and sale of cellulose products, organic synthetic products, synthetic resin products, pyrotechnic products and others. The Company operates in five business segments. The Cellulose segment is engaged in the manufacture and sale of cellulose acetate, acetate tow for cigarette filters, carboxymethyl cellulose (CMC) and hydroxyethyl cellulose (HEC). The Organic Synthesis segment is engaged in the manufacture and sale of acetic acid derivatives, epoxy compounds, semiconductor resist materials and others. The Synthetic Resins segment is engaged in the manufacture and sale of polyester resins, wrapping plastics and others. The Pyrotechnic segment is engaged in the manufacture and sale of propellant powder and emergency evacuation systems for aircraft passengers, among others. The Others segment is engaged in the provision of production innovation services and other businesses.