Kakaku com : Notice Concerning the Status and Completion of Acquisition of Treasury Stock
November 20, 2017 at 09:46 pm EST
Share
For Immediate Release
(English translation of the original Japanese document)
November 21, 2017
Company name: Kakaku.com, Inc. Representative: Shonosuke Hata, President and Representative Director (Stock code: 2371; First Section of the Tokyo Stock Exchange)
Notice Concerning the Status and Completion of Acquisition of Treasury Stock
(Acquisition of Treasury Stock under the Provisions of the Articles of Incorporation Pursuant to Article 165, Paragraph 3 of the Companies Act)
Kakaku.com, Inc. (the "Company") hereby announces the completion of acquisition of treasury stock pursuant to the provisions of Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, Paragraph 3 of the Companies Act.
This transaction has completed the acquisition of treasury stock based on the resolution of the Board of Directors passed on September 20, 2017.
1. Class of shares acquired
Common stock of Kakaku.com, Inc.
2. Total number of shares acquired
1,419,400 shares
3. Total acquisition cost
2,329,978,670 yen
4. Acquisition period
November 1, 2017 to November 20, 2017
5. Method of acquisition
Open market purchase through the Tokyo Stock Exchange
For reference:
Details of the September 20, 2017 resolution of the Board of Directors
1. Class of shares to be acquired
Common stock of Kakaku.com, Inc.
2. Total number of shares to be acquired
5,000,000 shares (maximum)
3. Total acquisition cost
7,000,000,000 yen (maximum)
4. Acquisition period
September 21, 2017 to November 20, 2017
Cumulative total of treasury stock acquired based on the above resolution of the Board of Directors
1. Total number of shares acquired
4,470,200 shares
2. Total acquisition cost
6,999,984,741 yen
Kakaku.com Inc. published this content on 21 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 November 2017 02:45:07 UTC.
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Kakaku.com Inc is a Japan-based company mainly engaged in the operation of purchasing support Website Kakaku.com. The Company operates through two business segments. Internet Media segment is engaged in the operation of Websites that provide price comparison service, restaurant search and reservation service, real estate information, travel information, movie information, automobile information, bus information and inheritance procedure service. The segment also develops dynamic package system, movie contents and Website production. The Finance segment is involved in the insurance agency business.