KLAB INC. January 6, 2022
Name of Company: KLab Inc. Representative: Hidekatsu Morita,
Representative Director, President and CEO (TSE1: 3656)
Direct Inquiries to: Kazuyuki Takata,
Senior Managing Director and CFO E-mail Address: ir@klab.com
Notice Concerning Status and Completion of Share Repurchase
(Share Repurchase Based on the Provisions in the Company's Articles of Incorporation Pursuant to the
Provisions of Article 459, Paragraph 1 of the Companies Act)
KLab Inc. (the "Company") has announced the status of the repurchase of Company shares that its Board of Directors resolved at a meeting held on February 19, 2021 based on the provisions in the Company's Articles of Incorporation pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act as follows.
In addition, notice is also given that the repurchase of Company shares pursuant to the resolution of the Board of Directors mentioned above has been completed with this repurchase.
Notes | ||
Status of Share Repurchase | ||
(1) | Class of shares repurchased | Common stock of the Company |
(2) | Total number of shares repurchased | 206,800 shares |
(3) | Total amount of shares repurchased | 103,127,700 yen |
(4) | Repurchase period | December 1, 2021 to December 30, 2021 (execution basis) |
(5) | Method of purchase | To be purchased through the Tokyo Stock Exchange |
(Reference)
1. Details of the Resolution at the Board of Directors Meeting Held on February 19, 2021
(1) | Class of shares to be repurchased | Common stock of the Company |
(2) | Total number of shares to be | 900,000 shares (maximum) |
repurchased | (2.34% of total issued shares outstanding, excluding treasury stock) | |
(3) | Total amount of shares to be | 500 million yen (maximum) |
repurchased | ||
(4) | Repurchase period | February 22, 2021 to December 30, 2021 |
(5) | Method of purchase | To be purchased through the Tokyo Stock Exchange |
2. Cumulative Total of Shares Repurchased Based on the Above Resolution (as of December 30, 2021)
(1) | Total number of shares repurchased | 641,500 shares |
(2) | Total amount of shares repurchased | 397,362,100 yen |
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Disclaimer
KLab Inc. published this content on 06 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2022 06:17:10 UTC.
