- For Print
- September 26, 2022
Company Name: Eisai Co., Ltd.
Representative: Haruo Naito
Representative Corporate Officer and CEO
(Code 4523 Tokyo Stock Exchange Prime Market)
Inquiries: Sayoko Sasaki
Vice President, Corporate Communications
Phone +81-3-3817-5120
Eisai Co., Ltd. (“Eisai”) hereby announces that the following decision was made today to dispose of fractional shares that occurred as a result of the share exchange pursuant to the provisions of Article 234, Paragraphs 4 and 5 and Article 416, Paragraph 4 of the Companies Act.
- 1. Outline of the Purchase
Eisai implemented a share exchange (the "Share Exchange") effective September 1, 2022, between Eisai, as a wholly-owning parent company, and Sunplanet Co., Ltd. ("Sunplanet"), as a wholly-owned subsidiary.
As a result of the Share Exchange, Eisai decided today to repurchase fractional shares of its ordinary shares as treasury shares as follows, pursuant to the provisions of Article 234, Paragraphs 4 and 5 and Article 416, Paragraph 4 of the Companies Act.
- 2. Details of the Purchase
(1) Class of shares to be purchased
Ordinary shares
(2) Total number of shares to be purchased
25 shares
(3) Total amount to be delivered in exchange for the purchase
The amount to be calculated by multiplying the total number of shares to be purchased (25) by the closing price of ordinary shares on the Tokyo Stock Exchange on the purchase date (September 26, 2022).
(4) Purchase date
September 26, 2022
However, if there are no transactions on that date, the first subsequent date to have transactions on the Tokyo Stock Exchange.