G-7 Holdings Co., Ltd. (7508) announced on July 1, 2024 that it had conducted a buyback of its own shares as follows concerning the acquisition of its own shares announced on July 31, 2024. Note that this acquisition will end the acquisition of its own shares based on the Board of Directors meeting held on July 31, 2024.
The reason for the acquisition of its own shares is to pursue a flexible capital policy to respond to changes in the business environment. The acquisition method for the shares was to conduct a buyback on July 31, 2024, at the closing price of 1,698 yen, through the Tokyo Stock Exchange's off-auction trading of its own shares (ToSTNeT-3) at 8:45 a.m. on August 1, 2024. The type of shares acquired was common stock of the company, and the total number of shares acquired was 379,000, with a total acquisition cost of 643,542,000 yen.