Last checked at 27 Mar 2020 07:00
March 27, 2020 | ||
FOR IMMEDIATE RELEASE | ||
KONAMI HOLDINGS CORPORATION | ||
Takuya Kozuki, Representative Director, President | ||
Shares listed: | Tokyo and London Stock Exchanges | |
Contact: | Junichi Motobayashi, Corporate Officer, General Manager, Finance and Accounting | |
Tel: | +81-3-6636-0573 | |
Notice on Result and Completion of Repurchase of Shares through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) (Repurchase of Shares pursuant to Provisions of Articles of Incorporation in accordance with Article 165, Paragraph 2 of the Companies Act) |
KONAMI HOLDINGS CORPORATION (the "Company") hereby announces that it has conducted the repurchase of its own shares today as announced on March 26, 2020, as below.
The Company has completed the repurchase of its own shares pursuant to the resolution of the Board of Directors' meeting held on March 26, 2020 with the execution of the following repurchase.
1. Reason for Share Repurchase
The Company has decided to repurchase such shares in order to strengthen shareholder returns and carry on flexible capital policies as part of its efforts to improve capital efficiency and address changes in business environment.
2. Details of Share Repurchase
(1) | Class of shares repurchased | Common stock |
(2) | Total number of shares repurchased | 2,017,700 shares |
(3) | Repurchase price | 3,225 yen |
(4) | Total repurchase price | 6,507,082,500 yen |
(5) | Date of repurchase | March 27, 2020 |
(6) | Method of repurchase | Repurchase through the off-auction own share repurchase trading system of the Tokyo Stock Exchange (ToSTNeT-3) |
(Reference)
Resolution of the Board of Directors' meeting held on March 26, 2020 relating to repurchase of shares
(1) | Class of shares to be repurchased | Common stock |
(2) | Total maximum number of shares to be repurchased | Up to 2,800,000 shares (2.07% of the total issued shares (excluding treasury shares)) |
(3) | Total maximum repurchase price of shares | Up to 8 billion yen |
(4) | Date of repurchase | March 27, 2020 |
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