Translation
Notice: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
April 18, 2024
Company name: SAKATA SEED CORPORATION
Name of Representative: Hiroshi Sakata
President and Representative Director (Securities code:1377, TSE Prime Market)
Inquiries:Takenori Hoshi Senior Executive Officer
Senior General Manager of General Administration Div.
General Manager of Finance Dept. (Telephone: +81-45-945-8800)
Notice Concerning Status of Acquisition of Own Shares and Completion of Acquisition
(Acquisition of Own Shares Under the Provisions of the Articles of Incorporation Pursuant to
the Provisions of Article 165, Paragraph (2) of the Companies Act)
SAKATA SEED CORPORATION (the "Company") hereby announces the status of the acquisition of own shares in April, as described below. The Company resolved, at the meeting of the Board of Directors held on February 16, 2024, the acquisition of own shares pursuant to the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act.
The Company also announces that it has completed the acquisition of own shares based on the above resolution.
1. | Class of | Common shares |
shares acquired | ||
2. | Total number of | 207,400 shares |
shares acquired | ||
3. | Total amount of | 750,020,000 yen |
share acquisition costs | ||
4. | Acquisition period | From April 1, 2024, to April 17, 2024 (contract basis) |
5. | Method of acquisition | Market purchases through the Tokyo Stock Exchange |
(Reference)
1. Details of resolution at the meeting of the Board of Directors held on February 16, 2024
(1) | Class of | Common shares |
shares to be acquired | ||
(2) | Total number of | 500,000 shares (upper limit) |
shares to be acquired | (1.13% of total number of issued shares (excluding treasury shares)) | |
(3) | Total amount of | 2,000,000,000 yen (upper limit) |
share acquisition costs | ||
(4) | Acquisition period | From February 19, 2024, to May 31, 2024 |
(5) | Method of acquisition | Market purchases through the Tokyo Stock Exchange |
2. The total number of shares acquired pursuant to the above resolution of the meeting of the Board of Directors until April 17, 2024.
(1) Total number of shares acquired
(2) Total amount of | 1,824,983,000 yen |
share acquisition costs | |
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Sakata Seed Co. published this content on 18 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 April 2024 08:18:02 UTC.