Press Releases（Archive）
Announcement Regarding Share Repurchase Results and Completion of Acquisition
(Repurchase of shares in accordance with the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Business Corporation Law)
The board of directors of East Japan Railway Company (the “Company”) resolved at its meeting held on April 27, 2009 that the Company would 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 of May 22, 2009, the Company had repurchased shares of its common stock by placement of purchase orders, as detailed below.
We also hereby announce that such repurchases complete the acquisition of the shares of the Company pursuant to the resolution of our board of directors adopted at its meeting held on April 27, 2009.
1. |
Class of shares repurchased: | Common stock of the Company | |
2. |
Period of repurchase: | From April 30, 2009 until May 22, 2009 | |
3. |
Total number of shares repurchased: | 4,000,000 shares | |
4. |
Aggregate repurchase price: | ¥22,943,062,000 | |
5. |
Method of repurchase | Placement of purchase orders on the Tokyo Stock Exchange |
- (Reference)
- 1. Details of the resolution at the meeting of the board of directors held on April 27, 2009:
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(1) Class of shares to be repurchased: Common stock of the Company (2) Total number of shares to be repurchased:
4,000,000 shares (maximum) (1.00 % of issued shares (excluding treasury stock))(3) Aggregate repurchase price: ¥30,000 million (maximum) (4) Period of repurchase: From April 30, 2009 to May 29, 2009 - 2. The Company’s treasury stock holding as of March 31, 2009 was as follows:
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Total number of issued shares (excluding treasury stock): 399,689,733 shares Shares held as treasury stock: 310,267 shares
