Marui : Notice of Results and Completion of Acquisition of Treasury Stock
April 13, 2023 at 02:15 am
Share
March 20, 2023
Company Name: MARUI GROUP CO., LTD.
Representative Name: Hiroshi Aoi
President and Representative Director
(Securities Code: 8252, Tokyo Stock Exchange,
Prime Market)
Inquiries: Masakazu Iizuka,
General Manager, Financial Department
(TEL: 03-3384-0101)
Notice of Results and Completion of Acquisition of Treasury Stock
(Acquisition of treasury stock in accordance with the provisions of the Articles of Incorporation pursuant to
Article 165, Paragraph 2 of the Companies Act)
Marui Group Co., Ltd. hereby announces the progress of the acquisition of treasury stock in accordance with the provision of Article 156 of the Companies Act as applied pursuant to Article 165, Paragraph 3 of the same act, as follows.
We also announce that the acquisition of treasury stock based on the resolution of the Board of Directors meeting held on May 12, 2022, and resolution of the Board of Directors meeting held on August 5, 2022 regarding partial amendments on items regarding the acquisition of treasury stock has been completed as of this date.
1.
Class of acquired shares
Common stock
2.
Total number of acquired shares
1,087,700
3.
Total value of acquired shares
2,274,897,600 yen
4.
Acquisition period
March 1 to March 15, 2023
5.
Acquisition method
Market purchase on the Tokyo Stock Exchange
(Reference)
1. Resolution of the Board of Directors meeting held on May 12, 2022, and resolution of the Board of Directors meeting held on August 5, 2022 regarding partial amendments on items
regarding the acquisition of treasury stock
(1) Class of shares to be acquired
Common stock
(2) Total number of shares that may be acquired
Up to 15 million shares
(7.49% of the total number of shares issued, excluding treasury stock)
(3) Total value of acquired shares
Up to 26 billion yen
(4) Acquisition period
From August 6, 2022 to March 31, 2023
2. Total number of shares acquired in accordance with the above resolutions of the Board of Directors (as of March 15, 2023)
(1)
Total number of acquired shares
11,479,600
(2)
Total value of acquired shares
25,999,932,900 yen
Attachments
Original Link
Original Document
Permalink
Disclaimer
Marui Group Co. Ltd. published this content on 13 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2023 06:14:02 UTC.
Marui Group Co, Ltd. specializes in retailing. Net sales break down by activity as follows:
- financial services (65.2%): emission of credit cards, consumer credits grant and insurance services;
- retail distribution (34.8%): sale of clothes, decorative items, domestic articles and food products. The group also provides transportation, advertising services, stores maintenance, management and development, etc.