Tokyo Electron Limited (TEL) announced that TEL executed the repurchase of its shares as stated below by the resolution of the Board of Directors’ meeting held on November 12, 2024, under the provisions of its Articles of Incorporation under paragraph 1, Article 459 of the Companies Act.
1. Type of shares acquired:
Shares of common stock
2. Total number of shares acquired:
1,046,600 shares
3. Total cost of acquisition:
25,085,159,500 yen
4. Period of acquisition:
From December 1, 2024, to December 31, 2024
5. Method of acquisition:
Purchased on the Tokyo Stock Exchange
(Reference)
1. Details of the resolution of the Board of Directors’ meeting held on November 12, 2024
(1) Type of shares to be acquired: Shares of common stock
(2) Total number of shares to be acquired: Up to 3.5 million shares
(Equivalent to 0.8% of outstanding shares excluding treasury stock)
(3) Total cost of acquisition: Up to 70 billion yen
(4) Period of acquisition: From November 13, 2024 to January 31, 2025
2. Cumulative total of shares repurchased by the above Board of Directors' meeting resolution (As of December 31, 2024)