June 23, 2010
To All Stakeholders:
Company: USS Co., Ltd.
President and CEO: Yukihiro Ando
Stock code: 4732
Stock exchange listings: Tokyo and Nagoya (first sections)
Contact: Masafumi Yamanaka
Junior Managing Director, Officer, Supervisory Office
Announcement Regarding Results and Completion of Repurchase of Own Shares
(In Accordance with the Provisions of the Company’s Articles of Incorporation, Pursuant to Article 165.2 of the Company Act)
USS repurchased its own shares as follows in accordance with the resolution approved at the meeting of the Board of Directors on May 11, 2010. The resolution was approved pursuant to the provisions of Article 156 of the Company Act, made applicable by Article 165.3 of the Company Act.
This completes the repurchase of the company’s own shares in accordance with the resolution approved at the meeting of the Board of Directors on May 11, 2010.
|1. Type of shares||Common shares|
|2. Period of repurchase||From May 12, 2010 to June 23, 2010 |
|3. Total number of shares repurchased||350,000 shares|
|4. Aggregate value of repurchase||2,147,386,100 yen|
|5. Method of repurchase||Purchased on the Tokyo Stock Exchange
< Reference >
Details of resolution of the Board of Directors meeting on May 11, 2010
(1) Type of shares to be repurchased: USS common shares
(2) Total number of shares authorized for repurchase: Up to 500,000
(1.68% of shares issued, excluding treasury shares)
(3) Aggregate purchase amount: Up to 3,000 million yen
(4) Method of purchase: Open market purchase
(5) Date of purchase: From May 12, 2010 through June 23, 2010
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