News Releases

Notice of Result of Repurchase of Treasury Stock through Off-Auction Purchase of Treasury Stock (ToSTNeT-3)

Sep 7, 2023

 SKY Perfect JSAT Holdings Inc. (Head Office: Minato-ku, Tokyo; Representative Director, President: Eiichi Yonekura) announced that we have purchased our own shares today as follows.

1.Reasons for acquiring treasury stock

In the capital allocation announced in April 2022, we announced a policy of returning JPY40 billion to shareholders over a 5-year period from Fiscal Year 2022, together with capital investment in existing businesses and aggressive investment in growth fields. In accordance with this policy, we will accelerate our initiatives for growth, such as investing in new fields. In terms of shareholder returns, as part of this policy, we will acquire treasury stock and improve capital efficiency.

2.Contents of matters related to acquisition

(1) Types of shares to acquire	Common stock
(2) Number of shares to acquire	1,500,000 shares
(3) Announcement of own share repurchase result	1,027,500,000 yen (685 yen per share)
(4) Date of Repurchase	September 7, 2023
(5) Method of repurchases	Purchases through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)

Reference: Details of the resolution at the meeting of the Board of Directors held on September 6, 2023

(1) Types of shares to acquire	Common stock
(2) Number of shares to acquire	10,000,000 shares (maximum) * 3.4% of the total number of issued shares (excluding treasury stock)
(3) Total amount of money to be delivered in exchange for the acquisition of shares	5,000,000,000 yen (maximum)
(4) Period during which shares can be acquired	September 7, 2023 –April 30, 2024
(5) Method of repurchases	1.       Purchases through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) 2.       Market purchases based on discretionary investment contacts regarding acquisition of own shares