March 18, 2013
Notice of Decision regarding Implementation of Own-Share Repurchase
(Own-share repurchase pursuant to the Articles of Incorporation based on the provisions of
paragraph 2 of Article 165 of the Companies Act)
Based on the provisions of Article 156 of the Companies Act, applied pursuant to Article 165, Paragraph 3 of the Act, at its meeting held on March 18, 2013, the Board of Directors of Kirin Holdings Company, Limited passed a resolution on repurchase of own-shares.
1. Reason for repurchase
- To further enhance returns to shareholders.
2. Transaction details
- (1) Class of shares to be repurchased
- Common shares
- (2) Maximum of shares to be repurchased
- 50,000,000 shares
- (representing 5.20% of total shares outstanding (excluding treasury shares))
- (3) Total cost of repurchase
- Up to 50 billion yen
- (4) Repurchase period
- March 19, 2013 – December 30, 2013
Reference:
Treasury shares held as of February 28, 2013
- Total shares outstanding (excluding treasury shares)
- 961,467,820
- Treasury shares held
- 3,532,180