Komori
Treasury Shares8912Area Quest Inc.Real estate

Notice Regarding the Decision on Matters Concerning the Acquisition of Treasury Shares

The Board of Directors decided to acquire up to 600,000 common shares in the market, for a total amount of up to ¥102,000,000. The acquisition period is from 16 July to 30 September 2024.

Worth reading
75Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
600000
Shares
Wording
Definitive
How definitive the wording is.

Resolution on acquisition limit

Resolved 2024 年 7 月 12 日Market purchases
Total acquisition price102,000,000 円(上限)
Maximum number of shares to be acquired600,000 shares (maximum)Common shares
3.6%Maximum number that can be acquired

The full horizontal line represents all issued shares, with marks at 10% intervals. The colored section represents the percentage stated in the resolution as the maximum proportion that may be repurchased under it.
This is a limit, and does not mean that the company will buy back all of it. The amount actually acquired will be shown in a later disclosure on the status of the acquisition of treasury shares.

Acquisition period
Started 07/16/202477 daysUntil 09/30/2024

2024 年 7 月 16 日~2024 年 9 月 30 日

Reason for acquisition

We will conduct a share buyback in order to strengthen returns to shareholders by improving capital efficiency and to enable a flexible capital policy that responds to changes in the operating environment.

Reference (number of shares stated in the document)
Current number of treasury shares520,000 株(2024 年 7 月 12 日時点。信託分を含むかの注記はNot disclosed)
Total number of issued shares16,625,800 株(自己株式を除く、2024 年 7 月 12 日時点)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredCommon shares
Maximum number of shares to be acquired600,000 shares (maximum)
Percentage of total issued shares3.6%
Total acquisition price102,000,000 円(上限)
Acquisition period2024 年 7 月 16 日~2024 年 9 月 30 日
Method of acquisitionMarket purchases
Reason for acquisitionWe will conduct a share buyback in order to strengthen returns to shareholders by improving capital efficiency and to enable a flexible capital policy that responds to changes in the operating environment.
Resolution date2024 年 7 月 12 日
Current number of treasury shares520,000 株(2024 年 7 月 12 日時点。信託分を含むかの注記はNot disclosed)
Total number of issued shares16,625,800 株(自己株式を除く、2024 年 7 月 12 日時点)
Items this document does not state (6)
Number of shares to be retiredPercentage of total issued shares before retirementScheduled retirement dateTotal number of issued shares after retirementChange in acquisition periodChange in acquisition limit

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To strengthen the return of profits to shareholders by improving capital efficiency and enable a flexible capital policy in response to changes in the business environment.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Decision on Matters Concerning the Acquisition of Treasury Shares | Area Quest Inc. (8912) timely disclosure | Komori