REG - Konami Holdings Corp - Notice on Result and Completion of ShareRepurchase

KonamiAnnouncement

27/03/2020 07:01

RNS Number : 8075H
  
Konami Holdings Corporation
  
27 March 2020
  
 




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



 
 
End of File


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