KNM Konami Group Corporation

TIDMKNM

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        2,017,700 shares 
        repurchased 
 (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          Common stock 
        repurchased 
 (2)   Total maximum number           Up to 2,800,000 shares 
        of shares to be repurchased    (2.07% of the total issued 
                                       shares (excluding treasury 
                                       shares)) 
 (3)   Total maximum repurchase       Up to 8 billion yen 
        price of shares 
 (4)   Date of repurchase             March 27, 2020 
 

End of File

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCJRMBTMTITMPM

(END) Dow Jones Newswires

March 27, 2020 03:00 ET (07:00 GMT)

Grafico Azioni Konami (LSE:KNM)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Konami (LSE:KNM)
Storico
Da Giu 2023 a Giu 2024