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16 Mar 2009 10:05
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MarchΒ 16, 2009 |
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FOR IMMEDIATE RELEASE |
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KONAMI CORPORATION Kagemasa Kozuki,Β Representative Director andΒ ChiefΒ ExecutiveΒ Officer Shares listed:Β Tokyo,Β New York,Β LondonΒ and SingaporeΒ Stock Exchanges Contact: Noriaki Yamaguchi,Β Representative Director andΒ Chief Financial Officer Β Tel: +81-3-5771-0222 |
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News ReleaseΒ Relating toΒ RepurchaseΒ of StockΒ of Konami CorporationΒ and Completion of Acquisition |
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(Under the provisions of its Articles of IncorporationΒ pursuant to |
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paragraph 2, Article 165 of theΒ Corporation ActΒ of Japan) |
TOKYOΒ -Β Konami CorporationΒ (the "Company")Β herebyΒ announcesΒ thatΒ it hasΒ repurchasedΒ the Company'sΒ stock in accordance with the provisions of Article 156 of the Corporation Act applied after the modification by the provisions inΒ paragraph 3,Β Article 165Β of the Corporation ActΒ of Japan,Β Law, and that it has completed the repurchaseΒ resolved at its Board of Directors meeting held on February 5, 2009.
TheΒ detailsΒ of the stock repurchaseΒ is as follows:
Details ofΒ repurchase:Β
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(1) |
Type ofΒ sharesΒ to beΒ repurchased: |
Common Stock of the Company |
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(2) |
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RepurchasedΒ period: |
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FromΒ March 1, 2009 toΒ MarchΒ 16, 2009 |
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(when agreements for purchase were entered into) |
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(3) |
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Total number of sharesΒ repurchased: |
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3,161,100Β shares |
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(4) |
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TotalΒ repurchaseΒ price: |
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4,307,948,400Β yen |
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(5) |
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Method ofΒ repurchase: |
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Market purchase on the Tokyo Stock Exchange |
(Reference)Β
1. Details ofΒ repurchase as resolved at the Board of Directors'Β meeting held on February 5, 2009
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(1) |
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Type ofΒ sharesΒ to beΒ repurchased: |
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Common StockΒ of the Company |
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(2) |
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Total number of sharesΒ to be repurchased: |
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4Β million shares (maximum) |
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(Percentage of total issued and outstanding shares excluding treasury stock already owned by the Company:Β 2.91%) |
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(3) |
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TotalΒ repurchaseΒ price: |
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10Β billion yen (maximum) |
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(4) |
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Repurchasing period: |
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FromΒ FebruaryΒ 6, 2009Β toΒ MarchΒ 23, 2009 |
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2. Total number and total cost ofΒ theΒ Company'Β sharesΒ repurchased under theΒ Board of Directors' resolution
This press release is published in order to publicly announce the Company's repurchase of its own shares and is not prepared for the purpose of soliciting investment or any similarΒ act inside or outside ofΒ Japan.
The statements within this release contain forward-looking statements about our future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results. Readers are referred to the documents furnished by the Company with the United States Securities and Exchange Commission, specifically the most recent reports on Forms 20-F and 6-K, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
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