May 2, 2016
Re: The Interim Result of the Treasury Share Repurchase(This release refers to the treasury share repurchase in accordance with the Articles of Incorporation of Tokai Tokyo Financial Holdings, Inc., pursuant to the Paragraph 2, Article 165 of the Company Law of Japan)
Tokai Tokyo Financial Holdings, Inc. ("the Company") hereby reports to you on the interim result of the treasury repurchase in accordance with the resolution adopted by the meeting of its Board of Directors held on February 22, 2016 as per the provision of Article 156 of the Company Law of Japan by interpreting the wordings of the Paragraph 3 of the Article 165 of the same Law. We set out below the interim result:
(The description of the repurchase)
Not Applicable (There was no transaction executed during the period from April 1, 2016 to April 30, 2016.)
(Reference)
Description of the resolution regarding the Treasury Share Repurchase adopted by the meeting of its Board of Directors held on February 22, 2016
Class of shares to be repurchased: Common stock of the Company
Aggregate number of shares to be repurchased: Up to 10 million shares
(Up to 3.79% of the total number of outstanding shares excluding treasury stock)
Aggregate amount to be repurchased: Up to 5 billion yen
Period of repurchase: From February 23, 2016 to December 30, 2016
Current Status as of May 2, 2016
Number of treasury shares repurchased: None
Aggregate amount repurchased: None (end)
Tokai Tokyo Financial Holdings Inc. issued this content on 02 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2016 00:33:03 UTC. Original document available at http://www.tokaitokyo-fh.jp/en/pressrelease/pdf/fh20160502.pdf |