Open House : Notice regarding the Status of Share Aqcuisition
June 10, 2022 at 02:42 am
Share
[Translation for Reference Purpose Only]
June 3, 2022
To All Concerned Parties
Company Name:
Open House Group Co., Ltd.
Representative:
Masaaki Arai, President and CEO
Securities code:
3288, TSE
Contact:
Kotaro Wakatabi, Senior Managing Director and CFO
Notice Regarding the Status of Share Acquisition
(Acquisition of Treasury Share Pursuant to Article 165, Paragraph 2 of the Companies Act and the
Company's Articles of Incorporation)
Open House Group Co., Ltd. (the "Company") hereby announces that the Company acquired its treasury shares in accordance with Article 156 of the Companies Act, applied following the deemed replacement of terms pursuant to the provisions of Article 165, paragraph 3 of the same Act, as resolved at the Board of Directors meeting held on May 13, 2022.
(1)
Type of shares to be acquired
Common shares
(2)
Period of acquisition
May 16, 2022 to May 31, 2022
(on a contract basis)
(3)
Total number of shares to be acquired
3,773,900 shares
(4)
Total amount for share acquisition
¥ 18,923,034,000
Market purchases on the Tokyo Stock Exchange
(5)
Method of acquisition
including Off-Auction Own Share Repurchase
Trading (ToSTNeT-3)
1/2
(References)
1. Details of the resolution approved at the Board of Directors meeting held on May 13, 2022
(1)
Type of shares to be acquired
Common shares
(2)
Total number of shares to be acquired
7,500,000 shares (maximum)
(5.94% of total number of shares outstanding)
(3)
Total amount for share acquisition
¥ 30 billion (maximum)
(4)
Acquisition period
May 16, 2022 to September 30, 2022
(5)
Acquisition method
(i) Purchases through Off-Auction Own Share
Repurchase Trading (ToSTNeT-3) of the Tokyo
Stock Exchange
(ii) Open market purchases on the Tokyo Stock Exchange
2/2
Attachments
Original Link
Original Document
Permalink
Disclaimer
Open House Co. Ltd. published this content on 10 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2022 06:41:10 UTC.
Open House Group Co Ltd, formerly Open House Co Ltd, is a Japan-based company primarily engaged in the real estate related business. The Company operates through five business segments. The Detached House-Related Business segment engages in brokerage (Open House), detached house sales (Open House Development), detached house subdivision (Hawk One), and construction contracting (Open House Architect). The Condominium Business segment develops and sells new condominiums. The Income-Producing Real Estate Business segment acquires, manages, and sells income-producing real estate in Japan. The Others segment is engaged in the U.S. real estate business, including sales, consulting, property management, and financial services related to U.S. real estate. The Pleasant Corporation segment plans, develops and sells mainly studio and family condominiums.