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Announcement Regarding Repurchase of Shares
Benesse Holdings, Inc.
Release Date : 2009/06/10
At a meeting of the Board of Directors held today, Benesse Corporation resolved to repurchase its own shares, pursuant to Article 459-1-1 of the Company Law.
1. Reasons for share repurchase
To pursue financial efficiency by facilitating the effective execution of its financial policies.
2. Details of repurchase
2) Number of shares:
Up to 400,000 shares (0.4% of currently issued common stock excluding treasury stock)
3) Total purchase price:
Up to 1,600 million yen
4) Period of repurchase:
From June1 1 to June 22, 2009
Treasury stock held by the Company as of May 31, 2009
Total number of shares issued (excluding treasury stock): 98,974,198 shares
Treasury stock: 7,379,255 shares
1. Reasons for share repurchase
To pursue financial efficiency by facilitating the effective execution of its financial policies.
2. Details of repurchase
1) Type of shares: Common stock
2) Number of shares:
Up to 400,000 shares (0.4% of currently issued common stock excluding treasury stock)
3) Total purchase price:
Up to 1,600 million yen
4) Period of repurchase:
From June1 1 to June 22, 2009
Treasury stock held by the Company as of May 31, 2009
Total number of shares issued (excluding treasury stock): 98,974,198 shares
Treasury stock: 7,379,255 shares