(Acquisition of own shares in accordance with our Articles of Incorporation pursuant to Article 165, paragraph 2 of the Corporation Act )
DENSO Corporation (the “Company”), announced the status of acquisition of its own shares pursuant to Article 156 of the Corporation Act as applied pursuant to Article 165, Paragraph 3 of the Corporation Act, which was resolved at the board of directors meeting on October 31, 2018. This concludes acquisition of its own shares authorized by the board of directors meeting on October 31, 2018.
- Type of shares repurchased : Common stock
- Total number of shares repurchased: 1,037,900 shares
- Total cost of shares repurchased : 4,875,529,700 yen
- Acquisition period: March 1 to March 13, 2019
Note:
1. Details of the resolution concerned with acquisition of its own shares approved at the board of directors meeting held on October 31, 2018
| (1) Type of shares to be purchased | Common stock |
|---|---|
| (2) Total number of shares to be purchased | Up to 6,000,000 shares (0.76 percent of total outstanding shares) |
| (3) Total cost of shares to be purchased | Up to 30,000,000,000 yen |
| (4) Acquisition period | November 1, 2018 to March 31, 2019 |
2.Total number and value of shares repurchased pursuant to the resolution approved at the board of directors meeting held on October 31, 2018:
- Total number of shares repurchased: 5,999,910 shares
- Aggregate repurchased amount: 28,435,025,580 yen
SOURCE: DENSO Corporation
