Espec : Notice Concerning Results and Completion of Acquisition of Own Shares Through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
July 13, 2021 at 03:03 am
Share
June 9, 2021
Company name:
ESPEC CORP.
Representative:
Masaaki Ishida, President
Listing:
Tokyo, Stock Exchange, First section
Securities code:
6859
Inquiries:
Keiji Oshima,
Chief Officer of Corporate Control Headquarters
Telephone:
+81-6-6358-4741
Notice Concerning Results and Completion of Acquisition of Own Shares Through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
ESPEC CORP. hereby announces that, in line with the announcement made on June 8, 2021 concerning the acquisition of own shares, it has repurchased its own shares as described below. Furthermore, ESPEC CORP. also announces that the acquisition of own shares based on a resolution by the Board of Directors held on June 8, 2021 has been completed as of this repurchase.
1. Reason for conducting acquisition of own shares
A flexible capital policy in response to changes in the business environment
2. Details of acquisition
(1)
Class of shares acquired
Common shares
(2)
Total number of shares
500,000 shares
acquired
(3)
Acquisition costs
1,066,500,000 yen (2,133 yen per share)
(4)
Date of acquisition
June 9, 2021
(5)
Method of acquisition
Purchase through off-auction own share repurchase trading
system (ToSTNeT-3) of the Tokyo Stock Exchange
(Reference) Details of resolution of the Board of Directors concerning acquisition of own shares (released on June 8, 2021)
(1)
Class of shares to be
Common shares
acquired
(2)
Total number of shares to be
Up to 500,000 shares
acquired
(2.16% of total number of issued shares (excluding treasury
shares))
(3)
Total amount of share
Up to 1,066,500,000 yen
acquisition costs
Attachments
Original document
Permalink
Disclaimer
Espec Corporation published this content on 13 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2021 07:02:03 UTC.
ESPEC CORP. is a Japan-based company mainly engaged in the equipment business, service business and others. The Company operates in three business segments. The Equipment segment is engaged in the provision of environmental testing equipment, providing environmental test equipment for testing the effects of temperature, humidity, and other environmental factors on automobiles, communications, and other electronic components, energy device equipment, providing charge and discharge evaluation systems, and electrode drying device used in battery manufacturing process, as well as semiconductor-related devices. The Service segment is involved in the provision of after services, engineering services and contract testing services; the rental of environmental testing equipment. The Others segment is involved in the environmental protection business and plant growing equipment business.
ESPEC CORP. 
