Purchase of Own Securities
May 27 2003 - 2:03AM
UK Regulatory
RNS Number:5373L
Autobacs Seven Co.Ld
27 May 2003
To Whom It May Concern:
May 27, 2003
Company: Autobacs Seven Co., Ltd.
Code No.: 9832 Tokyo, Osaka, London Stock Exchange
Head Office: 13-16,mita 3choume Minato-ku, Tokyo, Japan
Contact: Takashi Matsuo, Director
Phone: +81-3-3454-0062
Notice of Results of Repurchase of It's Own Shares
We hereby inform you that Autobacs Seven Co. Ltd. repurchased its own shares
from the market today, which we announced on May 26, 2003, as follows:
1.Reason for repurchase To facilitate the implementation of flexible capital management policy
2.Type of shares repurchased Common shares of Autobacs Seven Co., Ltd.
3.Number of shares repurchased 873,600 shares
4.Repurchase price JPY 2,050.
5.Repurchase Date May 27, 2003.
6. Method of Repurchase Repurchased on ToSTNet-2, the Tokyo Stock Exchange
Reference
1. The Matter was resolved at the Board Meeting of the Company held on May 26,
2003.
(1) Type of shares to be repurchased Common shares of Autobacs Seven Co., Ltd.
(2) Number of shares to be repurchased 900,000 shares
2. The Matter was resolved at the Annual General Meeting of the Company held on
June 27, 2002.
(1) Type of shares to be repurchased Common shares of Autobacs Seven Co., Ltd.
(2) Aggregate number of shares to be
repurchased Up to 2,000,000 shares
(3) Aggregate repurchase value Up to JPY 10,000,000,000.
3. Status of the repurchase program as of May 27, 2003.
(1) Aggregate number of shares
repurchased 1,873,600 shares
(2) Aggregate value of shares repurchased JPY 4,355,880,000.
This information is provided by RNS
The company news service from the London Stock Exchange
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