Results and Conclusion of Repurchase of Own Shares of Internet Initiative Japan Inc.
January 31 2017 - 2:08AM
Internet Initiative Japan Inc. ("IIJ") (NASDAQ:IIJI) (TSE1:3774)
announced today the results of repurchase of own shares conducted
pursuant to Article 156 of the Corporation Law of Japan, as applied
pursuant to Paragraph 3, Article 165 of the Corporation Law. This
concludes repurchase of IIJ's own shares authorized at the meeting
of IIJ’s Board of Directors held on November 4, 2016.
Status of repurchase of own shares from
January 1, 2017 to January 31, 2017:
1. Type of shares
repurchased: |
|
|
Common stock of
IIJ |
2. Period of share
repurchase: |
|
|
From January 1, 2017 to
January 31, 2017 |
3. Aggregate number of
shares repurchased: |
|
|
290,100 shares |
4. Aggregate price
of shares repurchased: |
|
|
JPY 520,850,200 |
5. Method of
repurchase: |
|
|
Open market purchase at
the Tokyo Stock Exchange |
Reference
1. Resolution at the meeting of Board of Directors held on
November 4, 2016:
(1) Type of shares to
be repurchased: |
|
|
Common stock of
IIJ |
|
(2) Total number of
shares to be repurchased: |
|
|
Up to 950,000
shares |
|
(3) Total amount to be
repurchased: |
|
|
Up to JPY
1,500,000,000 |
|
(4) Period of
repurchase: |
|
|
From
November 7, 2016 to January 31, 2017 |
|
(5) Method of
repurchase: |
Open market
purchase at the Tokyo Stock Exchange |
2. Results of share repurchase authorized at the meeting of
IIJ’s Board of Directors held on November 4, 2016:
(1) Total number of
shares repurchased: |
|
|
892,200 shares (As of
January 31, 2017) |
(2) Aggregate
repurchased amount: |
|
|
JPY 1,499,933,000 (As
of January 31, 2017) |
This press release is published in order to publicly announce
the status of the ongoing repurchase of IIJ’s own shares pursuant
to the authorization at the meeting of IIJ’s Board of Directors
held on November 4, 2016 and is not prepared for the purpose of
soliciting investment or any similar act inside or outside of
Japan.
About
IIJFounded in 1992, Internet Initiative Japan
Inc. is one of Japan's leading Internet-access and comprehensive
network solutions providers. IIJ and its group companies provide
total network solutions that mainly cater to high-end corporate
customers. The company's services include high-quality systems
integration and security services, Internet access services, and
cloud computing services. Moreover, the company has built one of
the largest Internet backbone networks in Japan that is connected
to the United States, the United Kingdom, Singapore and Hong Kong.
IIJ listed on NASDAQ in 1999 and on the First Section of the Tokyo
Stock Exchange in 2006. For more information about IIJ, visit the
IIJ Web site at http://www.iij.ad.jp/en/.
The statements within this release contain forward-looking
statements about our future plans that involve risk and
uncertainty. These statements may differ materially from actual
future events or results. Readers are referred to the documents
furnished by Internet Initiative Japan Inc. with the Securities and
Exchange Commission, specifically the most recent reports on Forms
20-F and 6-K, which identify important risk factors that could
cause actual results to differ from those contained in the
forward-looking statements.
For inquiries, contact:
IIJ Investor Relations
Tel: +81-3-5205-6500 E-mail: ir@iij.ad.jp URL: http://www.iij.ad.jp/en/ir
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