Disposal of treasury shares and acquisition of treasury shares in connection with foundation support
First written in FY2017. 5 of 8 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 May 2020, the company resolved to dispose of treasury shares through a third-party allotment to provide ongoing, stable support for the social activities of the General Incorporated Foundation Goldwin Nishida Ikuei Foundation. Following approval at the shareholders’ meeting held on 25 June 2020, it disposed of 400,000 shares on 24 September 2020. At the same Board meeting, the company also resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares, and cancelled 200,000 shares on 30 September 2020.」
The company disposed of 400,000 treasury shares to support the Nishida Ikuei Foundation and also cancelled 200,000 treasury shares. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 May 2020, the company resolved to dispose of treasury shares through a third-party allotment to provide ongoing, stable support for the social activities of the General Incorporated Foundation Goldwin Nishida Ikuei Foundation. Following approval at the shareholders’ meeting held on 25 June 2020, it disposed of 400,000 shares on 24 September 2020.」
The company completed the third-party allotment of 400,000 treasury shares on 24 September to provide funding for the activities of the Nishida Ikuei Foundation. - FY2021-Q1AdvancedAnnual report
「The purpose was to avoid dilution of shareholder value resulting from the disposition of treasury shares through a third-party allotment to provide ongoing, stable support for the social activities of the newly established General Incorporated Foundation Goldwin Nishida Ikuei Foundation, improve capital efficiency, and implement a flexible capital policy in response to the operating environment. Total shares acquired: 150,000 shares. Total acquisition cost: ¥955,500,000. Acquisition date: 7 August 2020.」
The company acquired 150,000 treasury shares for ¥955.5 million to support the newly established foundation and avoid dilution resulting from the disposition of treasury shares. - FY2018AchievedAnnual report
「The decrease of 346,000 common treasury shares consisted of 338,000 shares disposed of through a third-party allotment to provide funding for the activities of the Public Interest Incorporated Foundation Goldwin Nishida Tosaku Sports Promotion Memorial Foundation and a decrease of 8,000 shares resulting from the sale of shares held in trust.」
The company completed the third-party allotment of 338,000 treasury shares to provide funding for the Foundation’s activities. The acquisition of treasury shares also ended at a cumulative 329,000 shares. - FY2018-Q3AdvancedAnnual report
「1. Disposition of treasury shares Terms of disposition ① Number of shares to be disposed of: Common shares, 338,000 shares ② Disposal price: ¥1 per share ③ Amount raised: ¥338,000 ④ Offering or disposition method: Disposition through a third-party allotment ⑤ Allottee: Mizuho Trust & Banking Co., Ltd. (Goldwin Nishida Tosaku Sports Promotion Memorial Foundation account) ⑥ Disposal date: 22 February 2018」
The company resolved the specific offering terms for the disposition of 338,000 treasury shares through a third-party allotment on 22 February 2018 to fund the Foundation’s activities. The acquisition of treasury shares had already ended at a cumulative 329,000 shares. - FY2018-Q2AchievedAnnual report
「The acquisition of treasury shares ended on 31 October 2017. Cumulative shares acquired: 329,000 shares. Cumulative acquisition cost: ¥2,598,871,984.」
The acquisition of treasury shares aimed at avoiding dilution from the disposition in connection with foundation support ended on 31 October 2017, with cumulative acquisitions of 329,000 shares for approximately ¥2.599 billion. - FY2018-Q1AdvancedAnnual report
「The purpose was to avoid dilution of shareholder value resulting from the disposition of treasury shares, improve capital efficiency, and implement a flexible capital policy in response to the operating environment. Total shares acquired: 57,400 shares. Total acquisition cost: ¥396,729,996. Acquisition method: market purchases on the Tokyo Stock Exchange.」
To avoid dilution from the disposition of treasury shares in connection with foundation support and improve capital efficiency, the company acquired 57,400 shares in July for approximately ¥397 million. - FY2017First statedAnnual report
「This disposition of treasury shares will be made to the trust established to provide funding for the Foundation’s activities.」
The company resolved to dispose of 350,000 treasury shares through a third-party allotment to fund the Foundation’s activities, while also resolving to repurchase up to 400,000 shares for a total amount of ¥2.6 billion to avoid dilution of shareholder value and improve capital efficiency. The repurchase period was from 28 June 2017 to 31 January 2018.