Aisin Seiki Co., LTD. (the “Company”) hereby announces the status of acquisition of own shares based on Article 156 of the Companies Act (Japan), which is applicable in accordance with Article 165, Paragraph 3 of the same law, as below.
The Company also announces that the repurchase of shares of its common stock which was resolved at the board of directors’ meeting on July 29, 2016, has been completed.
1. Class of shares to be acquired Common stock of the Company
2. Total number of shares to be acquired 1,159,000 share
3. Total cost of shares acquired 6,400,012,000 yen
4. Period of acquired From February 1, 2017 to February 28, 2017
(Reference)
1. Details of the resolution approved at the board of directors meeting on July 29, 2016
(1) Class of shares to be acquired Common stock of the Company
(2) Total number of shares to be acquired 10,000,000 shares (maximum)
(The percentage compared to the total number of shares outstanding: 3.46%)
(3) Aggregate amount of acquisition cost 50,000,000,000 yen (maximum)
(4) Period of acquisition From August 1, 2016 to March 31, 2017
2.The total number and cost of shares acquired (as of February 28, 2017), pursuant to the above stated resolution
of the board of directors’ meeting.
(1) Total number of shares acquired 10,000,000 shares
(2) Total cost of shares acquired 49,004,819,984 yen
