Using share repurchases to facilitate M&A and capital alliances
First written in FY2017. 2 of 4 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q3.
39 other companies' latest entry also says "Achieved".
- FY2018-Q3AchievedAnnual report
「The Company has conducted the purchase of treasury shares as set out below, based on Article 156 of the Companies Act as applied with the necessary changes pursuant to Article 165, paragraph 3 of that Act, and as resolved at the Board of Directors meeting held on 17 November 2017. The purchase of treasury shares based on the Board resolution of 17 November 2017 has now been completed. ・Acquisition period: 20 November 2017 to 20 May 2018 (on a trade-date basis) ・Number of shares acquired: 130,000 shares ・Total acquisition cost: ¥305,613,400 ・Acquisition method: Market purchases on the Tokyo Stock Exchange」
The purchase of treasury shares intended for use in M&A and other purposes was completed, with 130,000 shares acquired for a total of ¥305,613,400. The purchase based on the Board of Directors resolution has ended. - FY2018-Q2AdvancedAnnual report
「・Acquisition period: 20 November 2017 to 31 March 2018 (on a trade-date basis) ・Number of shares acquired: 130,000 shares ・Total acquisition cost: ¥305,613,400 ・Acquisition method: Market purchases on the Tokyo Stock Exchange」
The Company acquired 130,000 treasury shares for a total of ¥305,613,400 through market purchases between 20 November 2017 and 31 March 2018, for use in M&A and other purposes. - FY2018-Q1AdvancedAnnual report
「・Acquisition period: 20 November 2017 to 31 December 2017 (on a trade-date basis) ・Number of shares acquired: 94,300 shares ・Total acquisition cost: ¥240,292,100 ・Acquisition method: Market purchases on the Tokyo Stock Exchange」
Under the treasury share purchase policy intended for use in M&A and other purposes, the Company acquired 94,300 shares for a total of ¥240,292,100 through market purchases between 20 November and 31 December 2017. - FY2017First statedAnnual report
「This purchase of treasury shares was not intended as a return to shareholders. It was carried out to use funds in the form of treasury shares to enable flexible M&A.」
The Company decided to purchase up to 170,000 treasury shares, with a maximum value of ¥510 million, to enable the flexible allotment of shares for M&A through share exchanges and in connection with capital alliances, without causing dilution.