Notification of Decision regarding Acquisition of Own Shares
(Acquisition of own shares pursuant to the Article of Incorporation in accordance with Article 165, paragraph 2 of the Companies Act)
| DISCO Corporation (the “Company”) announced today that the Company, at the meeting of the Board of Directors held today, has adopted a resolution to acquire own shares pursuant to Article 156 of the Company Act applicable pursuant to Article 165, paragraph 3 of the act. |
| 1. |
Reason for the acquisition of own shares |
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The Company will acquire its own shares in order to implement expeditious financial management corresponding to changes in its business environment. |
| 2. |
Details of Acquisition |
| Type of Shares to be acquired |
Common Stock |
| Number of Shares to be acquired |
Up to 50,000 shares
(0.15% of the total number of shares issued,
excluding treasury shares) |
| Total Amount of Acquisition |
Up to 250 million yen |
| Period of Acquisition |
February 4, 2008 through February 29, 2008 |
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Reference
The status of treasury shares owned by the Company as of December 31, 2007 |
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Total number of shares issued, excluding treasury shares : |
33,985,764 shares |
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Number of treasury shares : |
9,454 shares |
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Contact: Keizo Sekiya
Phone: 81-3-4590-1099 |
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