Glory : Notice of Status regarding Acquisition of Own Shares
August 31, 2022 at 09:14 pm
Share
(TRANSLATION FOR REFERENCE ONLY)
August 1, 2022
News Release
Company name:
GLORY LTD.
Representative:
Motozumi Miwa, President
Headquarters:
3-1, Shimoteno 1-chome,Himeji,
Hyogo, JAPAN
Securities Code:
6457
Stock Exchange:
Tokyo (Prime)
Accounting Term:
March
Notice of Status regarding Acquisition of Own Shares
GLORY LTD. (the "Company") hereby provides notice regarding the status of acquisition of its own shares as resolved at its board of directors' meeting held on May 12, 2022 in accordance with the Article 156 of the Corporation Law (as applied mutatis mutandis pursuant to the provisions of Paragraph 3, Article 165 of said Law), as follows:
1.
Type of stock acquired
Common stock of the Company
2.
Period of share acquisition
From July 1, 2022 to July 31, 2022
3.
Total number of shares acquired
499,600 shares
4.
Total amount of shares acquired
1,069,155,500 yen
5.
Method of share purchase
Market purchase on Tokyo Stock Exchange
(Reference)
1. Details of the resolution at the board of directors' meeting on May 12, 2022
(1) Type of stock to be acquired
Common stock of the Company
(2) Total number of shares to be acquired
5,000,000 shares (maximum)
(8.2% of total shares issued, excluding treasury shares)
(3) Total amount of shares to be acquired
10,000,000,000 yen (maximum)
(4) Period of share acquisition
From May 13, 2022 to November 30, 2022
2. Total own shares acquired up to July 31, 2022 based on the above resolution
(including purchase through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3))
(1) Total number of shares acquired
2,503,800 shares
(2) Total amount of shares acquired
5,210,520,900 yen
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(TRANSLATION FOR REFERENCE ONLY)
About GLORY LTD.
GLORY LTD., headquartered in Himeji, Japan, is a pioneer in the development and manufacture of money handling machines and systems. GLORY provides a variety of products such as money handling machines, cash management systems, vending machines, automatic service equipment, and cash management solutions that are built on its leading-edge recognition/identification and mechatronics technology. Committed to meet society's wide-ranging needs, GLORY serves the financial, retail, vending machine, amusement and gaming industries in over 100 countries around the world. GLORY has approximately 11,000 employees worldwide. For more information about GLORY, please visit GLORY Group website at
https://corporate.glory-global.com/
Contact:
Takatoshi Minamiyama
General Manager,
Corporate Communications Dept.
Management Strategy Headquarters
Tel: +81-79-297-3131
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GLORY Ltd. published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 01:13:03 UTC.
Glory Ltd is a Japan-based company mainly engaged in the manufacture, sale and maintenance of currency processing equipment, and the provision of electronic payment services and face recognition solutions. The Company has four business segments. Financial Market segment is engaged in the sale and maintenance of products to domestic financial institutions, original equipment manufacturer (OEM) and others. Distribution and Transportation Market segment is engaged in the sale and maintenance of products to domestic supermarkets, department stores, security transport companies, railway companies, tobacco manufacturers, hospitals, local governments and companies. Amusement Market segment is engaged in the sale and maintenance of products to domestic amusement halls. Overseas Market segment is engaged in the sale and maintenance of products to overseas financial institutions, security transport companies, retail stores, casinos and OEMs. It also provides unmanned payment system solutions.