News Releases
Notice Regarding the Status (Progress Report) of the Acquisition of Own Shares
(Acquisition of own shares pursuant to the provisions of Article 165 (2), of the Companies Act)
To whom it may concern,
Company Name: Konica Minolta, Inc.
Representative: Shoei Yamana, President and CEO
Stock Exchange Listing: Tokyo (First Section)
Local Securities Code Number: 4902
Contact: Mami Iwamoto, General Manager, CSR, Corporate Communications & Branding Division
Tel: (81) 3-6250-2100
Tokyo (June 3, 2015) - Konica Minolta, Inc. (the “Company”) announces the status of the acquisition of its own shares based on Article 156 of the Company Law, which is applicable in accordance with Article 165, Paragraph 3 of the same law as follows.
| (1) Type of shares acquired | Common shares |
|---|---|
| (2) Number of shares acquired | 1,825,500 shares |
| (3) Total value of shares acquired | ¥ 2,857,120,400 |
| (4) Acquisition period | From May 14, 2015 to May 31, 2015 (on the basis of execution date) |
| (5) Method of acquisition | Discretionary trading by a securities company |
(Reference)
1. Details of the resolution approved at the board of directors’ meeting held on May 13, 2015:
| (1) Type of shares to be acquired | Common shares |
|---|---|
| (2) Number of shares to be acquired | Limited to 10 million (2.0% of the total number of outstanding shares (excluding treasury shares)) |
| (3) Total value of shares to be acquired: | Limited to ¥10 billion |
| (4) Acquisition period | May 14, 2015 to August 31, 2015 |
| (5) Method of acquisition | Discretionary trading by a securities company |
2. Total number and value of shares acquired pursuant to the above resolution:
(as of May 31, 2015)
| (1) Total number of shares acquired | 1,825,500 shares |
|---|---|
| (2) Total value of shares acquired | ¥ 2,857,120,400 |