Tokyo Gas Has Acquired of Share Buyback
OREANDA-NEWS. Tokyo Gas Co., Ltd.("Tokyo Gas") hereby serves notice that it has acquired the treasury stock on the open market pursuant to Article 156 of the Companies Act, as applied by replacing terms pursuant to provisions of Article 165 (3) of the Companies Act, as detailed below.
With this transaction, Tokyo Gas has reached the upper limit of total acquisition amount to be acquired, approved at the Board of Directors held on April 28, 2015.
Details
Type of share to be acquired : Common stock of Tokyo Gas
Period of purchase : May 8, 2015 - July 14, 2015 (Commitment basis)
Total number of shares to be acquired : 50,000,000 shares
Total acquisition amount : JPN 33,833,220,700
Method of acquisition : Purchase through the Tokyo Stock Exchange (fund trust).
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