Fujitsu : Notice Regarding Progress on Matters Contained in "Notice Regarding Determination of Matters Concerning Repurchases"
February 08, 2017 at 04:21 am EST
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February 8, 2017
Company Name:
Fujitsu Limited
Representative:
Tatsuya Tanaka, Representative Director and President
(Code Number: 6702; Tokyo Stock Exchange, First Section)
Contact:
Isamu Yamamori, Corporate Executive Officer, Head of Public and Investor Relations Division
Telephone Number:
03-6252-2175
(Progress Report on Disclosed Matters)
Notice Regarding Progress on Matters Contained in "Notice Regarding Determination of Matters Concerning Repurchases (Purchase of Shares of the Company's Own Stock in Accordance with the Provisions of Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)"
Fujitsu Limited (the "Company") announces that the definitive commencement and termination dates of the repurchases, which were announced by the "Notice Regarding Determination of Matters Concerning Repurchases (Purchase of Shares of the Company's Own Stock in Accordance with the Provisions of Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)" dated February 7, 2017. The details were determined as follows:
Particulars:
Purchase Period:
(After Determination) From February 9, 2017 to March 8, 2017
(Before Determination) From the business day following the pricing date for the secondary offering of shares of the Company in overseas markets to the 20th business day after such pricing date
(Note) The definitive purchase period dates were decided upon in line with today's determination of the offering price for the secondary offering of shares of the Company in overseas markets, and as stated in the "Notice Regarding Determination of Offer Price," announced today.
Determination of matters concerning the repurchases (Announced February 7, 2017):
Type of Shares to be Purchased: Common stock of the Company
Total number of shares to be purchased: 39,000,000 shares (maximum limit)
Aggregate Amount of Purchase Price: JPY 25 billion (maximum limit)
Purchase Period: From the business day following the pricing date for the secondary offering of shares of the Company in overseas markets to the 20th business day after such pricing date
Purchase Method: Purchase by means of market trade on the Tokyo Stock Exchange
End
Fujitsu Ltd. published this content on 08 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 February 2017 09:21:06 UTC.
Original documenthttp://pr.fujitsu.com/jp/news/2017/02/en/8-3.pdf
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Fujitsu specializes in constructing hardware. The group also provides computing services. Net sales (including intra-group) break down by activity as follows:
- computing services (75.8%): design and development of information systems, integration of infrastructures (software, servers, etc.), installation of hardware, outsourcing services, etc.;
- sale of computing and electronic devices (12.4%): computers, mobile phones, hard disk drives, etc.;
- sale of electronic components (11.8%): semiconductors, relays, connectors, batteries, etc.
Japan accounts for 68% of net sales.
FUJITSU LIMITED 
