September 5, 2011
Corporate Name: Asahi Glass Co., Ltd.
President & CEO: Kazuhiko Ishimura
(Code Number: 5201; TSE 1st section)
Contact: Toshihiro Ueda, General Manager,
Corporate Communications & Investor Relations
(Tel: +81-3-3218-5603)
Announcement Regarding the Repurchase of the Company’s Own Shares (Stock Repurchase in accordance with the Articles of Incorporation of the Company pursuant to Article 165, paragraph 2 of the Corporation Law of Japan)
Asahi Glass Co., Ltd. (the Company) hereby announces that the Company has repurchased its own stock pursuant to Article 156 of the Corporation Law of Japan, as applied pursuant to Article 165, paragraph 3 of the said Law.
1. Period of repurchases
From August 5 to August 31, 2011
2. Number of shares repurchased
4,154,000 shares (Contract basis)
3. Aggregate repurchase amount
3,208,315,000 yen
4. Method of repurchase
Purchased through the Tokyo Stock Exchange
[Reference]
1. Details of the resolution made at the Board of Directors meeting held on August 4, 2011
(1) Type of shares to be repurchased: Common stock of the Company
(2) Total number of shares to be repurchased: Up to 11 million shares (0.94% of total outstanding shares excluding treasury stock)
(3) Total amount of shares to be repurchased: Up to 10 billion yen
(4) Period of repurchases: From August 5 to October 18, 2011
2. Total number of repurchased shares of the Company’s stock in accordance with the resolution made at the Board of Directors meeting held on August 4, 2011
(1) Total number of shares repurchased: 4,154,000 shares
(2) Total amount of shares repurchased: 3,208,315,000 yen