2023-02-21 updated

Results of repurchase of own shares through off-auction own share repurchase trading (ToSTNeT-3) and completion of the repurchase

Concerning the repurchase of treasury stock announced on February 20, 2023, CYBERDYNE Inc. (the “Company”) has made the repurchase as follows. The Company has completed the repurchase of its shares according to the resolution of the Board of Directors.

1. Reason for repurchasing its share
The Company intends to repurchase its share to enhance shareholder value and to implement capital policies in response to changes in the business environment, such as flexible and strategic corporate acquisitions and equity compensation as a medium- to a long-term incentive for directors and employees of the Company’s group.

2. Details of Transaction

(1) Type of shares to be acquired	Common Share of the Company
(2) Total number of shares acquired	4,000,000 shares
(3) Total amount of shares to be acquired	¥1,188,000,000
(4) Date of acquisition	February 21, 2023
(5) Method of acquisition	Repurchase of own shares through off-auction own share repurchase trading (ToSTNeT-3)

(Reference)
Details of resolution concerning repurchase of own shares (Announced on February 20, 2023)

(1) Type of shares to be acquired	Common Share of the Company
(2) Total number of shares to be acquired	4,000,000 shares (maximum)
(3) Total amount used for share acquisition	¥1,188,000,000(maximum)

pdf link