IR News｜News

 Benesse Corporation announced that its Board of Directors today resolved to repurchase its own shares, pursuant to Article 211-3-1-(2) of the Commercial Code of Japan.

1.Reasons for share repurchase
To pursue financial efficiency by facilitating the effective execution of its financial policies.

2.Details of repurchase
-Type of shares: Common stock
-Number of shares:
Up to 160,000 shares (0.15% of currently issued common stock)
-Total purchase price:
Up to 550 million yen
-Period of repurchase:
From January 28 to February 7, 2005


Treasury stock held by the Company as of December 31, 2004
Total number of shares issued (excluding treasury stock):102,850,350 shares
Treasury stock: 3,503,103 shares