OMRON Announces Completion of Stock Repurchase Program (Repurchase of Company Stock under Article 165-2 of the Corporate Law of Japan)
FOR IMMEDIATE RELEASEMarch 7, 2008
| Company Name: | OMRON Corporation |
|---|---|
| President and CEO: | Hisao Sakuta |
| Stock ticker number: | 6645 |
| Stock exchanges: | Tokyo, Osaka, Nagoya (First Sections) |
| Contact: | Hiroshi Oishi, General Manager Investor Relations Department |
| Phone: | +81-3-3436-7170 |
OMRON Corporation (TOKYO: 6645; ADR: OMRNY; "the Company"), a global leader in automation, sensing and control technology, has repurchased its stock under the provisions of Articles of Incorporation pursuant to Article 165-2 of the Corporate Law of Japan, as announced on January 30, 2008. This completes the repurchase of Company stock, as resolved at a meeting of OMRON Corporation's board of directors held on January 30, 2008. Details are as follows.
- (1)Type of shares repurchased
- Common shares of OMRON stock
- (2)Number of shares repurchased
- 1,002,400 shares
- (3)Total cost of shares repurchased
- JPY 2,251,138,0000
- (4)Repurchase period
- March 3, 2008 to March 6, 2008 (trade base)
- (5)Method of repurchase
- Purchase on the Osaka Stock Exchange through a trust bank
Reference
- Matters resolved at the Board of Directors Meeting held on January 30, 2008
- Type of shares to be repurchased
- Common shares of OMRON stock
- Number of shares to be repurchased
- Up to 6 million
- Total cost of shares to be repurchased
- Up to JPY 18 billion
- Repurchase period
- February 1, 2008 to March 18, 2008 (trade base)
- Repurchase Results (as of March 6, 2008; trade base)
- Number of shares repurchased
- 6,000,000 shares
- Total cost of shares repurchased
- JPY 13,356,979,000
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