OREANDA-NEWS. AUTOBACS SEVEN Co., Ltd. announces the 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. The Company finished the share buyback scheme based on the resolution at the meeting of its Board of Directors on May 8, 2014. 

1. Period of acquisition:From September1, 2014 through September 17, 2014

2. Total number of shares acquired:411,800 shares 

3. Total cost of acquisition:697,061,800yen 


(For reference)

1. Resolution at the meeting of its Board of Directors held on May 8, 2014

1) Type of shares to be acquired: shares of common stock of the Company

2) Aggregate number of shares to be acquired: up to 3,000,000 shares; 3.4% of total shares outstanding (excluding treasury stock)

3) Aggregate purchase price of shares: up to JPY 5,400,000,000

4) Acquisition period: from May 12, 2014 to November 28, 2014

2. Total number of shares acquired and cost of acquisition on and after the Board of Directors' meeting held on May 8, 2014(following figures are as of September17, 2014)

1) Totalnumber of shares acquired: 3,000,000 shares 

2) Total cost of acquisition: 5,050,391,100yen

3. Number of treasury stock held as of September17, 2014

1) Number of treasury stockshares: 3,404,109shares (excluding odd-lot shares purchased directly from shareholders in September2014) 

2) Total number of outstanding shares: 89,950,105 shares