Japan Information Create Co., Ltd. <4054> announced on the 10th that it has decided on matters related to the acquisition of treasury stock based on the provisions of Article 156 of the Company Law, which are applicable by substitution under the provisions of Article 165, of the same law.
The reason for acquiring Treasury Stock is to implement a flexible capital policy in response to changes in the business environment.
The type of stocks to be acquired is the company's common stock, the total number of stocks that can be acquired is 200,000 shares (limit) (approximately 1.4% of the total issued shares excluding treasury stock), the total acquisition cost of the shares is 150 million yen (limit), the acquisition period is from June 12, 2024 to September 20, 2024, and the acquisition method is via a market purchase at the Tokyo Stock Exchange.