Treasury Stock
June 06 2003 - 8:40AM
UK Regulatory
RNS Number:0239M
Takefuji Corporation
06 June 2003
For release Immediately
Representative Akira Kiyokawa, President
Contact Investor Relations
Tel 81333658011 Fax 81333658070
Stock Code No 8564 TYOSE
Notice of purchase of Treasury Stock in June 2003
Tokyo,June 6, 2003 Takefuji Corporation (the "Company") today announced its
intention to purchase its Treasury Stock, which was resolved at the meeting
of the Board of Directors held on June 6, 2003 in conformity with Clause
210 of the Japanese Commercial Code, and in accordance with the resolution
at the 35th Ordinary General Meeting of shareholders held on June 27, 2002,
as follows:
Details of Treasury Stock Buyback are as follows:
1. Purchase Period: June 12, 2003 to June 25, 2003
2. Maximum number of 1,500,000 shares
shares purchased:
3. Maximum amount of Yen 13,500,000,000 (13.5 billion)
purchased value:
4. Method of Purchase on the Tokyo Stock Exchange
purchase:
5. Reason of The Company acquired its treasury stock in
purchase: consideration of its agile capital strategy from
the viewpoint of its capital efficiency.
Reference
1. A program of buying back shares was approved at the 35th Annual
Stockholder's Meeting on June 27, 2002 as follows:
(1)Type of shares to be acquired: Common stock of Takefuji Corporation
(2)Maximum number of shares to be acquired: 13 million shares
(3)Maximum amount of acquisition: 150 billion yen
2. Aggregate total of treasury stock purchased as of the end of May 2003
after the resolution at the 35th Annual Stockholder's Meeting on June
27, 2002:
(1)Aggregate total number of shares purchased: 3,814,000 shares
(2)Aggregate total purchased value: Yen 23,202,913,600
This information is provided by RNS
The company news service from the London Stock Exchange
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