Press Release
March 17, 2016 HIKARI TSUSHIN, INC. (TSE First Section 9435)
Takeshi Tamamura, President and COO
Tel : +81-3-5951-3718
Completion and Results of Share Repurchase
Hikari Tsushin, Inc. announced details of repurchase of shares according to the resolution adopted at the Article 156 of the Companies Act of Japan as modified by Article 165, Paragraph 3 of the Act, the Company purchased its own shares as follows.
Below are the results of the share buyback initiated by Hikari Tsushin as was decided in February 12, 2016 board meeting. This marks the end of our share buyback.
Details of Repurchase:
(1) Share repurchases period | March 1, 2016 to March 17, 2016 |
(2) Type of shares repurchased | Common-stock |
(3) Total number of shares repurchased | 178,400shares |
(4) Total cost of shares repurchased | ¥1,477,821,000 |
(5) Method of repurchase | Market transaction on the Tokyo Stock Exchange |
For Reference:
(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 | February 15, 2016 through March 31, 2016 |
Details of Resolution Adopted at Board of Directors Meeting under the date of February 12, 2016
(1) Total number of shares repurchased
373,300shares
(2) Total cost of shares repurchased
¥2,999,655,000
Total treasury stock during the share repurchase period
(1) Total number of shares
(Excluding shares of treasury stock)
46,467,727 shares
(2) Shares held as treasury stock
1,281,915 shares
The Company's treasury stock holdings as March 17, 2016