Notice Concerning the Status of Acquisition of the Company’s Own Shares(PDF:149KB)
June 03, 2016 at 12:22 am
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HK HANWA Co
IR News
HK HANWA Co., Ltd.
13-1 1-chome, Tsukiji Chuo-ku, Tokyo
JAPAN
Date: June 3, 2016
Contact: Yoichi Nakagawa
Director, Managing Executive Officer
Tel: +81-3-3544-2000
Notice Concerning the Status of Acquisition of the Company's Own Shares
(Under the provisions of Articles of Incorporation pursuant to Article 165 (2) of the Corporation Law of Japan)
Hanwa Co., Ltd. ("Hanwa") announces the status of acquisition of its own shares under Article 156 of the Corporation Law of Japan, as applied pursuant to Article 165
of the Corporation Law, which was resolved by its Board of Directors on May 13, 2016, as detailed below:
Class of shares acquired: Common stock
Period of acquisition: From May 16, 2016 to May 31, 2016 (contract basis)
Total number of shares acquired: 1,741,000 shares
Total value of acquisition: 952,736,000 yen
Method of acquisition: Purchased on the Tokyo Stock Exchange
(Reference)
Resolution of the Board of Directors on May 13, 2016
Class of shares to be acquired: Common stock
Number of shares to be acquired: Up to 4 million shares
(equivalent to 1.93% of the total issued shares)
Total amount of shares to be acquired: Up to 2.5 billion yen
Schedule of acquisition: From May 16, 2016 to June 24, 2016
Total number of shares acquired to May 31, 2016 based on the above resolution
Total number of shares acquired: 1,741,000 shares
Total value of acquisition: 952,736,000 yen
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Hanwa Co. Ltd. published this content on 03 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 June 2016 04:21:09 UTC.
Original documenthttp://www.hanwa.co.jp/hanwa_e/ir/pdf/2016/20160603.pdf
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HANWA CO., LTD. is a Japan-based company mainly engaged in the sale of steel metal raw materials, non-ferrous metals, foods, petroleum and chemical products, wood and machinery. The Company operates through six business segments. The Steel business is engaged in the provision of steel bars, construction works, steel plates, special steels, wires, steel pipes, and scrap iron. It is also engaged in the metal processing and storage. The Metal Raw Materials business is engaged in the provision of nickel, chromium, silicon, manganese, and ferroalloys. The Overseas Sales Subsidiary business is engaged in the sale of products at major overseas bases. The Petroleum and Chemicals business is engaged in the sale of petroleum products, industrial chemicals, chemicals and waste fuels. The Food business provides seafood and livestock products. The Nonferrous Metals business supplies aluminum, copper and zinc, and conducts recycling business. It also manages and operates amusement facilities.