AUTOBACS SEVEN Announces Interim Results of Acquisition of Own Shares
OREANDA-NEWS. August 03, 2011. AUTOBACS SEVEN Co., Ltd. (“the Company,” Representative Director and Chief Executive Officer: Setsuo Wakuda), announces the interim results of acquisition of its own shares, under Article 156 of the Japan’s Corporation Law, as applied pursuant to Article 165, paragraph 3 of the same law, reported the press-centre of AUTOBACS SEVEN.
1. Period of acquisition: From July 1, 2011 through July 31, 2011
2. Total number of shares acquired: 222,700 shares
3. Total cost of acquisition: 769,263,000 yen
4. Method of acquisition: Purchased on the Osaka Securities Exchange market through a trust bank
(For reference)
1. Resolution at the meeting of its Board of Directors held on May 11, 2011
1) Type of shares to be acquired: shares of common stock of the Company
2) Aggregate number of shares to be acquired: up to 1,600,000 shares; 4.67% of total shares outstanding (excluding treasury stock)
3) Aggregate purchase price of shares: up to JPY 5,600,000,000
4) Acquisition period: from May 12, 2011 to December 21, 2011
5) Method of acquisition: purchase in the market through a trust bank
2. Total number of shares acquired and cost of acquisition on and after the Board of Directors' meeting held on May 11, 2011(following figures are as of July 31, 2011)
1) Total number of shares acquired: 685,600 shares
2) Total cost of acquisition: 2,248,979,000 yen
3. Number of treasury stock held as of July 31, 2011
1) Number of treasury stock shares: 686,093 shares (excluding odd-lot shares purchased directly from shareholders in July 2011)
2) Total number of outstanding shares: 34,251,605 shares.
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