January 27, 2004
Results of Share Repurchase
through ToSTNeT-2 |
NIPPONKOA Insurance Co., Ltd
President: Ken Matsuzawa
We hereby inform you that NIPPONKOA Insurance Co., Ltd. repurchased its
own shares today, which we announced on January 26, 2004, as follows:
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1. Reason for Repurchase : |
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Own share repurchase pursuant to the provisions of Article 210 of the
Commercial Code of Japan |
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2. Type of shares repurchased: |
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Common stock of NIPPONKOA Insurance Co., Ltd. |
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3. Number of shares repurchased: |
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7,397,000 shares |
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4. Repurchase Price: |
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592 yen per share |
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5. Date of Repurchase: |
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January 27, 2004 |
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6. Method of Repurchase: |
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Repurchased on ToSTNeT-2, the Tokyo Stock Exchange |
(Reference)
| 1. Contents of the resolution of the Annual General Meeting
of Shareholders held on June 27, 2003 |
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(1) Type of shares to be repurchased: |
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Common stock of NIPPONKOA Insurance Co., Ltd. |
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(2) Total number of shares authorized for repurchase: |
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(Not exceeding) 80 million shares |
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(3) Total cost of shares authorized for repurchase: |
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(Not exceeding) 35 billion yen |
| 2. Number and cost of stocks repurchased up to January 27,
2004 : |
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(1) Aggregate number of shares repurchased: |
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7,397,000 shares |
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(2) Aggregate acquisition
cost: |
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4,379,024,000 yen |
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