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Aisin Seiki: Notice concerning the status of the repurchase of shares of our common stock

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. 1. Class of shares to be acquired Common stock of the Company 2. Total number … Continued

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.

1. Class of shares to be acquired

Common stock of the Company

2. Total number of shares to be acquired

0 share

3. Total cost of shares acquired

0 yen

4. Period of acquired

From May 25, 2017 to May 31,2017

(Reference)

1. Details of the resolution approved at the board of directors meeting on May 24, 2017

(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: 3.58%)

(3) Aggregate amount of acquisition cost 70,000,000,000 yen (maximum)

(4) Period of acquisition

From May 25, 2017 to March 31, 2018

 

2.The total number and cost of shares acquired (as of May 31, 2017), pursuant to the above stated resolution of the board of directors’ meeting.

(1) Total number of shares acquired

0 share

(2) Total cost of shares acquired

0 yen

 

https://www.automotiveworld.com/news-releases/aisin-seiki-notice-concerning-the-status-of-the-repurchase-of-shares-of-our-common-stock/

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