DENSO announces the status of acquisition of own shares in accordance with the provisions of Article 156 of the Corporation Act.
DENSO Corporation (the “Company”), announced the status of acquisition of its own shares under Article 156 of the Corporation Act which was resolved at the annual shareholders meeting on June 19, 2015.
1. Type of shares repurchased: Common stock
2. Total number of shares repurchased: 2,500,000 shares
3. Total cost of shares repurchased: 13,880,943,064 yen
4. Method of acquisition: Discretionary trading by a securities company
5. Acquisition period: August 17 to August 31, 2015
Note:
1. Details of the resolution approved at the board of directors meeting held on July 31, 2015
| (1) Class of shares to be acquired: | Common stock of the Company |
|---|---|
| (2) Total number of shares to be acquired: | Up to 5,000,000 shares (0.63 percent of total outstanding shares) |
| (3) Aggregate amount of acquisition cost: | Up to 30 billion yen |
| (4) Method of acquisition: | Discretionary trading by a securities company |
| (5) Period of acquisition: | August 17 to October 30, 2015 |
2. Details of the resolution approved at the shareholders’ meeting held on June 19, 201
| (1) Class of shares to be acquired: | Common stock of the Company |
|---|---|
| (2)Total number of shares to be acquired: | Up to 5,000,000 shares (0.63 percent of total outstanding shares) |
| (3) Aggregate amount of acquisition cost: | Up to 30 billion yen |
| (4)Period of acquisition: | June 20, 2015 to June 19, 2016 |
3. Total number and value of shares repurchased pursuant to the resolution approved at the shareholders’ meeting held on June 19, 2015:
| (1) Total number of shares repurchased: | 2,500,000 shares |
|---|---|
| (2) Aggregate repurchased amount: | 13,880,943,064 yen |
