Kajima : Notice Concerning Results of Acquisition of Own Shares through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
May 15, 2024 at 07:04 am
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May 15, 2024
Company name:
Kajima Corporation
Representative:
Hiromasa Amano
President and Representative Director
Securities code:
1812
(Tokyo Prime, Nagoya Premier)
Inquiries:
Sachihiko Mikami
General Manager of Finance Department,
Treasury Division
Tel.+81-(0)3-5544-1111
Notice Concerning Results of Acquisition of Own Shares
through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
(Acquisition of Own Shares in accordance with Articles of Incorporation
pursuant to Article 165, Paragraph 2 of the Companies Act)
Kajima Corporation hereby announces that we implemented the acquisition of own shares based on the announcement made on May 14, 2024 as described below.
1.
Reason for acquiring own shares
To expand shareholder returns and improve
capital efficiency
2.
Details relating to the acquisition
1) Type of shares acquired:
Common Stock of Kajima Corporation
2) Aggregate number of shares acquired:
6,500,000 shares
3) Aggregate acquisition price of shares:
17,647,500,000 Japanese yen
4) Acquisition date:
May 15, 2024
5) Acquisition method:
Market purchases through the Off-Auction Own
Share Repurchase Trading System (ToSTNeT-3)
(Reference)
1. Details of the resolution relating to the acquisition of own shares at the Board of Directors' Meeting held on May 14, 2024
1) Type of shares to be acquired:
Common stock of Kajima Corporation
2) Aggregate number of shares to be
12,000,000 shares (upper limit)
acquired:
(The ratio to the aggregate number of issued shares
(excluding own shares): 2.5%)
3) Aggregate acquisition price of shares:
30,000,000,000 Japanese yen (upper limit)
4) Acquisition period:
May 15, 2024 to September 30, 2024
5) Acquisition method:
Market purchases on the Tokyo Stock Exchange
(i) Market purchases through the Off-Auction Own
Share Repurchase Trading System (ToSTNeT-3)
(ii) Market purchases on the auction market
based on a discretionary trading agreement
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2. Cumulative number of shares acquired by May 15, 2024 based on the details of the above resolution (on a trade basis)
1) Aggregate number of shares acquired:
6,500,000 shares
2) Aggregate acquisition price of shares:
17,647,500,000 Japanese yen
Disclaimer: This document is an English translation of the announcement titled "Notice Concerning Results of Acquisition of Own Shares through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)" which is filed with Stock Exchanges in Japan on May 15, 2024. Kajima Corporation provides this translation for your reference and convenience only without any warranty as to its accuracy. In case of any discrepancy between the translation and the Japanese original, the latter shall prevail.
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Kajima Corporation published this content on
15 May 2024 and is solely responsible for the information contained therein. Distributed by
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15 May 2024 11:03:37 UTC.
Kajima Corporation is one of the Japanese buildings and public engineering works groups. Net sales break down by activity as follows:
- construction of civil engineering and buildings infrastructures (86.4%): roads, highways, bridges, power plants, industrial sites, housings, offices, etc.;
- real estate development (13.6%).
Japan accounts for 70% of net sales.