TOKYO, August 22, 2018 – Ajinomoto Co., Inc. (“Ajinomoto Co.”) announced today that it has executed a resolution of the board of directors from a meeting on May 10, 2018 concerning the repurchase of shares based on the provisions of Article 156 of the Companies Act as applied pursuant to Article 165-3 of the same law, as outlined below.
Ajinomoto Co. also announced that it has used the total amount specified for the purchase of shares based on the above resolution of the board of directors, thus completing the share repurchase program.
Details of the Resolution of the Board of Directors Meeting Held on May 10, 2018
About Ajinomoto Co.
Ajinomoto Co. is a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals. For many decades Ajinomoto Co. has contributed to food culture and human health through wide-ranging application of amino acid technologies. Today, the company is becoming increasingly involved with solutions for improved food resources, human health and global sustainability. Founded in 1909 and now operating in 35 countries and regions, Ajinomoto Co. had net sales of JPY 1,150.2 billion (USD 10.36 billion) in fiscal 2017. For more about Ajinomoto Co. (TYO: 2802), visit www.ajinomoto.com.
For further information, please contact:
Ajinomoto Co., Inc. Public Communications Department; email@example.com