Treasury Stock
June 06 2003 - 8:44AM
UK Regulatory
RNS Number:0251M
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 Tender Offer for Acquisition of Treasury Stock
Tokyo,June 6, 2003 Takefuji Corporation (the "Company") today announced its
intention to implement a Tender Offer for Acquisition of its Treasury Stock,
which was resolved at the meeting of the Board of Directors held on June 6, 2003
in accordance with Clause 210 of the Japanese Commercial Code, subject to
resolution at the 36th Ordinary General Meeting of Shareholders to be held on
June 27, 2003, as follows:
1. Reason for the Acquisition of Treasury Stock
The Company intends to set up the ceiling of acquisition of
treasury stock for the purpose of activating capital strategies
complying with the diversifying business conditions.
2. Contents of the Acquisition
(1) Type of shares to be acquired: Common stock of Takefuji
Corporation
(2) Maximum number of shares to be 13,000,000 shares
acquired:
(3) Maximum amount of acquisition: 130 billion yen
Note: The Tender Offer for Acquisition of Treasury Stock shall be subject
to resolution at the 36th Ordinary General Meeting of Shareholders to be
held on June 27, 2003.
This information is provided by RNS
The company news service from the London Stock Exchange
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