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Transaction in Own Shares

7 Aug 2008 07:00

RNS Number : 8287A
Maruwa Co Ld
07 August 2008
 



7 August 2008

MARUWA CO., LTD.

3-83 Minamihonjigahara-cho, Owariasahi-city, Aichi-pref. 488-0044 JAPAN

(Translation)

Transaction in Own Shares

MARUWA announced the Board of Directors at the meeting on 7 August 2008 resolved the repurchase of shares pursuant to the provisions of Article 165-3 and Article 156 of the Corporate Law of Japan. Details are as follows;

1. Reason for repurchase: To implement flexible capital management in response to changes of business environment.

2. Details of repurchase

(1) Class of shares to be repurchased: Common stock

(2) Total number of shares to be repurchased: Up to 100,000 shares

(% to total number of shares issued: 0.93%)

(3) Total amount of repurchase price: Up to 180 million yen

(4) Date of repurchase: From 8 August 2008 to 31 March 2009

(Reference) Total number of own shares as of 31 July 2008

- Total number of shares issued (not including own shares) 10,743,560

- Total number of own shares 328,440

END

This information is provided by RNS
The company news service from the London Stock Exchange
 
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