Announcement Regarding Share Repurchase
(Repurchase of shares in accordance with the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Business Corporation Law)
East Japan Railway Company
April 27, 2009
The board of directors of East Japan Railway Company (the "Company") resolved at its meeting held on April 27, 2009 that the Company will acquire shares of its common stock pursuant to Article 156 of the Business Corporation Law as applied pursuant to Article 165, Paragraph 3 thereof, as detailed below.
Reason for Share Repurchase
To improve capital flexibility in response to the business environment.
|Details of Repurchase
- The Company’s treasury stock holding as of March 31, 2009 was as follows:
Total number of issued shares (excluding treasury stock): 399,689,733 shares Shares held as treasury stock: 310,267 shares