This page should confirm Javascript and should look at it.
Skip to main content

close

News Releases Corporate Information News Releases Investor Relations Contact (Corporate Information)

CORPORATE NEWS [latest news list] May 12, 2005
line
Notice of Intention to Purchase Treasury Stock
(Subject to Article 210 of the Commercial Code)



The Company announced today that the May 12, 2005, meeting of the Board of Directors passed a resolution to submit a proposal to the 102nd Ordinary General Shareholders' Meeting to be held on June 29, 2005, to purchase treasury stock subject to Article 210 of the Commercial Code. Additional details are provided below.

Reason for purchase of treasury stock

The treasury stock is intended for use in the company's stock option plan.


Details of treasury stock to be purchased (Effective from the end of the 102nd Ordinary General Shareholders' Meeting until the end of the next Ordinary General Shareholders' Meeting)
  • Stock to be purchased: Common shares of Daikin Industries, Ltd.
  • Maximum number of shares to be purchased: 160,000 shares
    (0.06% of the outstanding shares)
  • Maximum total acquisition cost: ¥600,000,000

Note: The purchase of treasury stock mentioned above shall be subject to approval of the 102nd Ordinary General Shareholders' Meeting.



  For more information, please contact
     Daikin Industries, Ltd.
 
Adobe reader download logo
Download Adobe Reader
You need the Adobe Reader application, offered by Adobe Systems Incorporated, to read PDF files. If it is not installed in your computer, please download an appropriate version of the application according to the model and specifications of your computer.



Top

Find out more in your region.

Global Locations

Go To Page Top