Purchase of Treasury Stock
June 26 2003 - 4:34AM
UK Regulatory
RNS Number:8014M
Takefuji Corporation
26 June 2003
For release Immediately
Representative Akira Kiyokawa, President
Contact Investor Relations
Tel: 81-3-3365-8011
Fax: 81-3-3365-8072
Stock Code No. 8564TYOSE
Notification of Purchase of Treasury Stock
We would like to announce that Takefuji Corporation (the Company) acquired its
treasury stock in conformity with Article 210 of the Japanese Commercial Code.
Details of Treasury Stock Buyback are as follows:
1. Purchase Period: June 12, 2003 - June 25, 2003
2. Number of shares purchased: 736,000 shares
3. Total purchased value: Yen 4,784,990,600
4. Method of purchase: Purchase on the Tokyo Stock Exchange
5. Reason of purchase: The Company acquired its treasury
stock in consideration of its agile capital strategy from the viewpoint
of its capital efficiency.
(Reference)
A program of buying back shares was approved at the 35th Annual Stockholder's
Meeting on June 27, 2002 as follows:
Type of shares to be acquired: Common stock of Takefuji Corporation
Maximum number of shares to be acquired: 13 million shares
Maximum amount of acquisition: 150 billion yen
Aggregate total of treasury stock purchased after the resolution at the 35th
AnnualStockholder's Meeting on June 27, 2002:
Aggregate total number of shares purchased: 4,550,000 shares
Aggregate total purchased value: Yen 27,987,904,200
This information is provided by RNS
The company news service from the London Stock Exchange
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