REG - Konami Holdings Corp - Result of Repurchase of Shares <Origin Href="QuoteRef">9766.T</Origin>
RNS Number : 9797HKonami Holdings Corporation04 December 2015
December 4, 2015
FOR IMMEDIATE RELEASE
KONAMI HOLDINGS CORPORATION
Takuya Kozuki, Representative Director, President
Shares listed: Tokyo and London Stock Exchanges
Contact: Junichi Motobayashi, General Manager, Finance and Accounting
Tel: +81-3-5771-0222
Notice on Result of Repurchase of Shares
through Off-Auction Share Repurchase Transaction (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 December 3, 2015, as below.
1. Reason for the 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. Matters Relating to the Share Repurchase
(1)
Class of shares to be repurchased
Common stock
(2)
Total number of shares to be repurchased
2,218,400shares
(3)
Repurchase price
2,976 yen
(4)
Total repurchase price
6,601,958,400 yen
(5)
Repurchase date
December 4, 2015
(6)
Repurchase method
Repurchase through an off-auction share repurchase transaction in Tokyo Stock Exchange, Inc. (ToSTNeT-3)
Note: Sumitomo Mitsui Banking Corporation has indicated to the Company that it sold 2,000,000 shares of common stocks held by it.
(Reference)
1. Resolution of the Board of Directors' meeting held on December 3, 2015 relating to repurchase of shares
(1)
Class of shares to be repurchased
Common stock
(2)
Total number of shares to be repurchased
Up to 4,000,000shares
(2.89% of the total issued shares (excluding treasury stock))
(3)
Total repurchase price of shares
Up to 10 billion yen
(4)
Repurchase period
From and including December 4, 2015 to and including March 31, 2016
(5)
Repurchase method
Market purchase in Tokyo Stock Exchange, Inc.
2. Status as ofDecember 4, 2015
(1)
Total number of shares repurchased
2,218,400shares
(2)
Total repurchase price
6,601,958,400 yen
Note: Since the number of shares repurchased did not reach the upper limit of the total number of shares to be repurchased resolved at the Board of Directors' meeting held on December 3, 2015, the Company continues to repurchase further shares by market purchases in Tokyo Stock Exchange, Inc. during a period from December 7, 2015 to March 31, 2016.
End of File
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCTIBBTMBTMMBA
Recent news on Konami
See all newsREG - Konami Group Corp - 4th Quarter Results
AnnouncementREG - Konami Group Corp - Release: Distribution of Retained Earnings
AnnouncementREG - Konami Group Corp - Release: Candidates as Director
AnnouncementREG - Konami Group Corp - 3rd Quarter Results
AnnouncementREG - Konami Group Corp - Release: Revision of the Consolidated Forecast
Announcement