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Konami Holdings Corp (KNM)

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Friday 27 March, 2020

Konami Holdings Corp

Notice on Result and Completion of ShareRepurchase

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 repurchased

2,017,700 shares

(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 repurchased

Common stock

(2)

Total maximum number of shares to be repurchased

Up to 2,800,000 shares

(2.07% of the total issued shares (excluding treasury shares))

(3)

Total maximum repurchase price of shares

Up to 8 billion yen

(4)

Date of repurchase

March 27, 2020

 

 

End of File


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