DENSO Announces the Status of Acquisition of Own Shares

Feb 05, 2019 16:33 JST

Source: Denso

(Acquisition of own shares in accordance with our Articles of Incorporation pursuant to Article 165, paragraph 2 of the Corporation Act )

TOKYO, Feb 05, 2019 - (JCN Newswire) - DENSO Corporation, announced the status of acquisition of its own shares pursuant to Article 156 of the Corporation Act as applied pursuant to Article 165, Paragraph 3 of the Corporation Act, which was resolved at the board of directors meeting on October 31, 2018.

1. Type of shares repurchased : Common stock
2. Total number of shares repurchased: 69,000 shares
3. Total cost of shares repurchased : 328,181,300 yen
4. Acquisition period: January 1 to January 31, 2019

Note:

1. Details of the resolution concerned with acquisition of its own shares approved at the board of directors meeting held on October 31, 2018

(a) Type of shares to be purchased: Common stock
(b) Total number of shares to be purchased: Up to 6,000,000 shares; (0.76% of total outstanding shares)
(c) Total cost of shares to be purchased: Up to 30,000,000,000 yen
(d) Acquisition period: November 1, 2018 to March 31, 2019

2. Total number and value of shares repurchased pursuant to the resolution approved at the board of directors meeting held on October 31, 2018:

(a) Total number of shares repurchased: 3,351,510 shares
(b) Aggregate repurchased amount: 15,913,538,780 yen

Contact:

DENSO CORPORATION 
Phone: 81-566-25-5594 
Fax: 81-566-25-4509

Source: Denso
Sectors: Automotive

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