HIKARI TSUSHIN : Notice regarding the status of share repurchases
March 06, 2016 at 06:16 pm EST
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平成14年5月28日
Press Release
March 1, 2016 HIKARI TSUSHIN, INC. (TSE First Section 9435)
Takeshi Tamamura, President and COO
Tel : +81-3-5951-3718
Notice regarding the status of share repurchases
Hikari Tsushin, Inc. announced details of repurchase of shares according to the resolution adopted at its board of directors meeting under the date of February 12, 2016.
Details of Repurchase:
(1) Share repurchases period
From February 15, 2016 to February 29, 2016
(2) Total number of shares repurchased
194,900 shares
(3) Total cost of shares repurchased
¥1,521,834,000
(4) Method of repurchase
Market transaction on the Tokyo Stock Exchange
For Reference:
Details of Resolution Adopted at Board of Directors Meeting under the date of February 12, 2016.
(1) Class of shares to be acquired
Shares of common stock of the company
(2) Total number of shares to be acquired
(Not exceed) 500,000 shares
Ratio thereof to the total number of issued shares 1.06% (excluding shares of treasury stock)
(3) Aggregate acquisition prices of shares
(Not exceed) ¥3,000,000,000
(4) Acquisition period
From February 15, 2016 to March 31, 2016
Total treasury stock during the share repurchase period
(1)Total number of shares repurchased
194,900 shares
(2)Total cost of shares repurchased
¥1,521,834,000
Hikari Tsushin Inc. issued this content on 01 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 March 2016 23:15:02 UTC
Original Document: https://eng.hikari.co.jp/wp-content/uploads/20160301E_21.pdf
Hikari Tsushin Inc is a holding company mainly engaged in the corporate service business, personal service business, and agency sales business. The Company operates through three business segments. The Corporate Service segment is engaged in the sale of products planned and developed in-house, such as communication line services, electric power, and various systems, to small and medium-sized enterprises. The Personal Service segment mainly sells products planned and developed in-house, such as communication line services and home water distribution, to individuals. The Agency Sales segment is engaged in the sale of various products such as telecommunications carriers, insurance companies, and manufacturers.