OPTEX : Notice Concerning Status and Completion of Acquisition of Treasury Stock
December 23, 2021 at 08:27 pm EST
Share
December 24, 2021
For Immediate Release
Company:
OPTEX GROUP CO., LTD.
Representative:
Isamu Oguni, President & CEO
(TSE 1st Section: 6914)
Inquiries:
Iwao Shimokawa,
General Affairs Division Manager
Telephone:
+81-77-527-9861
Notice Concerning Status and Completion of Acquisition of Treasury Stock (Acquisition of Treasury Stock Pursuant to Provisions of the Articles of Incorporation based on the Provisions of Article 165, Paragraph 2 of the Companies Act)
OPTEX Group Co., Ltd. (hereinafter, the "Company") hereby announces the status of its treasury stock acquisition (for the month of December) based on a resolution passed by the Board of Directors at a meeting on November 15, 2021, pursuant to the provisions of Article 156 of the Companies Act, as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 thereof. Details are provided below.
The Company also announces that it has completed the acquisition of treasury stock, made based on a decision made at a meeting of the Board of Directors held on November 15, 2021.
1. Type of shares acquired:
Common stock of the Company
2. Total number of shares acquired: 394,600 shares
3.
Total share acquisition value:
630,078,700 yen
4.
Period of acquisition:
From December 1, 2021 to December 23, 2021 (on a trade basis)
5.
Method of acquisition:
Market purchase on Tokyo Stock Exchange
(Reference)
1. Details of the resolution of the Board of Directors' meeting held on November 15, 2021
(1)
Class of shares to be acquired:
Common stock of the Company
(2)
Total number of shares to be acquired:
650,000 shares (upper limit)
(Ratio to total shares issued (excluding treasury shares): 1.80%)
(3)
Total share acquisition value:
1,000 million yen (upper limit)
(4)
Period of acquisition:
From November 16, 2021 to December 23, 2021
(5)
Method of acquisition:
Market purchase on Tokyo Stock Exchange
2. Cumulative treasury stock acquired pursuant to the above Board of Directors' resolution (as of December
23, 2021)
(1)
Total number of shares acquired:
636,100 shares
(2)
Total share acquisition value:
999,848,000 yen
End.
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OPTEX Group Co. Ltd. published this content on 24 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2021 01:26:00 UTC.
OPTEX GROUP Company, Limited is a Japan-based company engaged in the development, design, manufacture and sale of various sensors, lightings and related systems. The Company operates through four segments. The Sensing Solution (SS) segment is engaged in the development, design, manufacture and sale of various sensors and related systems. Factory Automation (FA) segment is engaged in the development, design and sale of products for FA. The Machine Vision Lighting (MVL) segment is engaged in the development, manufacture and sale of the light-emitting diode (LED) lighting equipment and LED devices for image processing, LED lighting equipment for UV irradiators, and related control devices. Electronics Manufacturing Service (EMS) segment is engaged in contract manufacturing services of electronic equipment. It also operates sports club, and develops various systems, applications and digital content.