Notice Regarding Acquisition of Own Shares (Acquisition of own shares pursuant to the provisions of Article 165, paragraph 2 of the Companies Act)

Osaka, Japan, October 30, 2020 - Shionogi & Co., Ltd. (Head Office: Osaka; President & CEO: Isao Teshirogi, Ph.D.; hereafter “Shionogi”) today announced that it has resolved at a meeting of the Board of Directors held today, to acquire own shares pursuant to the provisions of Article 156 of the Companies Act, applied by replacing terms pursuant to the provisions of Article 165, paragraph 3 of said Act, as described below.

1. Reasons for the acquisition of own shares

Our financial policy during Phase 1 period (FY2020 to FY2024) of the New Medium-Term Business Plan “Shionogi Transformation Strategy 2030 (STS2030)”, announced on June 1, 2020, states that Shionogi is committed to aggressively investing in businesses to establish a sustainable growth model. We are also committed to implementing shareholder return policies flexibly using EPS, DOE, and ROE as the key performance indicators. As part of these capital policies, we will acquire own shares to strengthen shareholder returns and improve capital efficiency, which will lead to an increase in corporate value. Shionogi will work to further increase corporate value while securing the flexibility of capital.

2. Details of matters pertaining to the acquisition of own shares

Class of shares to be acquired

Common stock of the Company

Total number of shares to be acquired

9,500,000 shares (maximum)

(3.1% of total outstanding shares [excluding treasury shares])

Total amount of acquisition cost 50 billion yen (maximum)
(1) Period of acquisition November 1, 2020 to March 31, 2021
(2) Method of acquisition Acquire in the open market through discretionary trading in Tokyo Stock Exchange
(Reference) Treasury stockholding as of September 30, 2020
Total number of shares issued (excluding treasury shares)


Number of treasury shares