And Do Holdings <3457> announced on the 18th that it has resolved matters related to the acquisition of its own shares based on the provisions of Article 156 of the Companies Act as applied mutatis mutandis under the provisions of Article 165, Paragraph 3 of the same Act in the board meeting held on that day.
The acquisition of its own shares aims to promote a capital and business alliance with Dai-ichi Life HD <8750>, and will be executed through the third-party allotment of self-owned shares intended for disposal.
The type of shares targeted for acquisition is common stock, the total number of shares that can be acquired is 1,053,000 shares (maximum) (equivalent to 5.29% of the total issued shares excluding treasury stock), the total acquisition price of the shares is 1.4 billion yen (maximum), the acquisition period is from January 14, 2025, to September 19, 2025, and the method of acquisition is market purchases on the Tokyo Stock Exchange. The acquisition of treasury stock is scheduled to commence upon the effectiveness of the securities notification concerning the third-party allotment intended for disposal to Dai-ichi Life HD.