AGC Inc. (the Company) hereby announces that the Company has repurchased its own shares in accordance with Article 156 of the Companies Act applicable pursuant to paragraph 3, Article 165 of the Act.
- Type of shares repurchased – Common shares of AGC Inc.
- Total number of shares repurchased – 1,496,100 shares
- Total repurchase amount – JPY 7,362,034,512
- Repurchase period – March 1, 2023 － March 24, 2023 (contract basis)
- Repurchase method – Purchase on the Tokyo Stock Exchange
Matters resolved on in the Board of Directors meeting held February 8, 2023.
- Type of shares to be repurchased – Common shares of AGC Inc
- Total number of shares to be repurchased – Up to 16,000,000 shares (This number represents 7.2 percent of total outstanding shares excluding treasury stock)
- Total repurchase amount – Up to JPY 50 billion
- Repurchase period From – February 9 to September 22, 2023
- Other – The Company plans to cancel all of the shares repurchased under this program following the resolution of the Board of Directors, pursuant to the provisions of Article 178 of the Companies Act.
Total number of the repurchased shares in accordance with the resolution made at the Board of Directors meeting held on February 8, 2023.
- Total number of shares repurchased – 2,315,600 shares
- Total cost of shares repurchased – JPY 11,439,486,511
For inquiries please contact Corporate Communications & Investor Relation.