Notice of Purchase of Treasury Shares as a Result of the Processing of Fractional Shares Through Share Exchange (Purchase of Treasury Shares under Article 234 Paragraphs 4 and 5 of the Companies Act)
May 11, 2021
Resona Holdings, Inc.
Resona Holdings, Inc. ("Resona Holdings") hereby announces that, at its board of directors meeting held today, it has resolved to dispose of fractional shares that occurred as a result of the share exchange in accordance with the provisions of Article 234, Paragraphs 4 and 5 of the Companies Act.
1. Outline of the Purchase
Resona Holdings implemented a share exchange (the "Share Exchange") on April 1, 2021 as the effective date between Resona Holdings, as the wholly-owning parent company, and Kansai Mirai Financial Group, Inc. ("Kansai Mirai Financial Group"), as the wholly-owned subsidiary. As a result of the Share Exchange, the Resona Holdings Board of Directors decided to repurchase fractional shares of its ordinary shares as treasury shares as follows, in accordance with the provisions of Article 234, Paragraphs 4 and 5 of the Companies Act.
2. Details of the Purchase
|
Ordinary shares |
|---|---|
|
6,689 shares |
|
The amount to be calculated by multiplying the total number of shares to be purchased by the closing price of ordinary shares on the First Section of the Tokyo Stock Exchange on the purchase date (May 12, 2021). However, if there are no transactions on that date, the amount shall be calculated by multiplying the total number of shares to be purchased by the price of the first subsequent date to have transactions on the First Section of the Tokyo Stock Exchange. |
|
May 12, 2021 |
The treasury shares to be acquired under this acquisition of treasury shares will be considered to be retired.
(Reference)
Status of treasury share holding (ordinary shares) as of April 1, 2021
| Total number of shares issued (including treasury shares) | 2,512,049,555 shares(note 1) |
|---|---|
| Number of treasury shares | 5,837,458 shares(note 2) |
- (note 1) 209,220,364 shares of Resona Holdings that were delivered through effectuation of the S hare Exchange have been added to the total number of shares of Resona Holdings issued as of March 31, 2021.
- (note 2) Including shares of Resona Holdings held by the ESOP-type Stock Benefit Trust for the Employee Shareholding Association and the Stock Benefit Trust for the Executives. As of March 31, 2021, 4,840,100 shares of Resona Holdings are held by the ESOP-type Stock Benefit Trust for the Employee Shareholding Association and the Stock Benefit Trust for the Executives.