Notice concerning the Purchase of Treasury Shares through ToSTNeT-3
TAKARA STANDARD CO., LTD. (the "Company" hereinafter) is announcing that it has decided on a specific method to purchase treasury shares pursuant to the provisions of Article 156 of the Companies Act, after applying the provisions of Article 165, paragraph (3) of the same Act, as follows.
1. Method of purchase
The Company will entrust the purchase of its treasury shares at a closing price of ¥1,318 as of this day (August 3, 2022) through ToSTNeT-3 of the Tokyo Stock Exchange at 8:45 a.m. as of August 4, 2022 (no change to other trading systems and the trading time shall be made).
In addition, the buy order shall be valid only at the trading time mentioned above.
2. Details of matters relating to purchase
(1)
Class of shares to be purchased
Common stock of the Company
(2)
Total number of shares to be purchased
2,200,000 shares
Notes: 1. The number of shares to be purchased as above shall not be changed. In addition, the whole or a part
of the purchase of the Company's own shares may not be made according to the market conditions.
2. Purchase of the Company's own shares shall be made to sell orders matching buy orders.
(3)
Announcement of the results of the purchase
The purchase results shall be announced after the close of
trading at 8:45 a.m. as of August 4, 2022.
1
(Reference)
1. Details of the resolution of the Board of Directors meeting held on August 2, 2022
(1)
Class of shares to be purchased
Common stock of the Company
(2)
Total number of shares to be purchased
2,400,000 shares (maximum)
(3.28% of total number of issued shares excluding treasury shares)
(3)
Total amount for share purchase
¥3,600 million (maximum)
(4)
Purchase period
August 3, 2022 to February 24, 2023
(5)
Method of purchase
Open market purchase at the Tokyo Stock Exchange including
Off-Auction Own Share Repurchase Trading (ToSTNet-3)
2. Status of the purchase as of August 3, 2022
(1)
Total number of shares purchased
0 shares
(2)
Total amount of purchase cost
¥0
2
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Takara Standard Co. Ltd. published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 08:04:53 UTC.
TAKARA STANDARD CO., LTD. is a Japan-based company manufacturing and selling household equipment. The Kitchen Equipment division offers enameled and wooden system kitchens, kitchen sets, hollow kitchen panels, heating equipment and range hood storage equipment. The Bathroom Equipment division provides enameled and wooden bathroom vanities, sink units and enameled side panels. The Bathtub Equipment division provides system bathrooms, enameled bathtubs, color stainless steel bathtubs and artificial marble bathtubs and others. The Hot Water Supply Equipment division offers electric water heaters, gas and oil water heater, among others. The Sanitation Equipment division provides residential toilet, hand wash basin, various storage devices and others. The Others division provides other housing equipment, industrial kitchens, enameled wall-covering materials, moldings and others.
TAKARA STANDARD CO.,LTD. 