Acquisition of own shares under the provisions of Yamaha’s Articles of Incorporation, pursuant to Article 165-2 of the Corporation Law of Japan
Yamaha Corporation conducted the following acquisition of its own shares under Article 156 of the Corporation Law of Japan, as applied pursuant to Article 165-3 of the said Corporation Law. The details of the acquisition were as follows.
Period for the share acquisition | May 1, 2008, to May 31, 2008 |
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Total number of shares acquired | 7,562,900 shares |
Total amount of shares acquired | ¥14,921,927,200 |
Method of acquisition | Market purchases on the Tokyo Stock Exchange |
Supplementary Information:
(1) Content of the Board of Directors’ decisions on April 30, 2008, regarding the acquisition of the Company’s own shares
Class of shares to be acquired | Yamaha’s common shares |
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Total number of shares to be acquired | 10 million (upper limit) |
(This represents 4.8% of all Company shares issued and outstanding (excluding treasury stock))
Total amount of shares to be acquired | ¥18.0 billion (upper limit) |
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Period for the share acquisition | May 1, 2008, to September 30, 2008 |
(2) Total number and amount of own shares purchased to date under the April 30, 2008, decisions of the Board of Directors
Total number of shares acquired | 7,562,900 shares |
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Total amount of shares acquired | ¥14,921,927,200 |
For further information, please contact
Yamaha Corporation
Corporate Communications Division, Public Relations Group
- TEL. +81-3-5488-6601
- FAX. +81-3-5488-5060
Visit Yamaha's website at
http://www.yamaha.com/