On the 9th, Nissin <9066> announced that it will acquire treasury shares based on the provisions of section 156 of the same law, which is reread and applied by the provisions of section 165 (3) of the Companies Act, and the specific acquisition method.
The acquisition of treasury stock is carried out to enhance shareholder returns and improve capital efficiency, and the upper limit of treasury stock held is 5% of the number of issued shares as a guide, and as a general rule, parts exceeding this are cancelled every fiscal year.
As a method of acquisition, the closing price on 2024/5/9 (including the final special sign) is 3,095 yen, and the purchase is outsourced in the Tokyo Stock Exchange off-site share purchase transaction (ToStNet-3) at 2024/5/10 8:45 a.m.
The type of shares to be acquired is common stock, and the total number of shares to be acquired is 4,500,000 shares (upper limit) (23.61% of the total number of issued shares). The total acquisition price of shares is 14 billion yen (upper limit), and the acquisition results will be announced after the transaction ends at 8:45 a.m.