March 2, 2004
Results of Stock Repurchases
from the Market |
NIPPONKOA Insurance Co., Ltd
President: Ken Matsuzawa
This is to announce that NIPPONKOA Insurance Co., Ltd. has repurchased
its own shares from the market as follows, pursuant to Article 210 of the Commercial Code
of Japan.
- Repurchase period: From February 2, 2004 to March 1, 2004
- Number of shares repurchased: 2,603,000 shares
- Total amount of repurchase: 1,636,933,000 yen
- Method of repurchase: Purchased at the Tokyo Stock Exchange
|
(Reference)
Contents of the resolution of the Annual General Meeting of
Shareholders held on June 27, 2003:
|
(1) |
Type of shares to be repurchased: Common stock of NIPPONKOA Insurance Co.,
Ltd. |
(2) |
Total number of shares authorized for repurchase: (Not exceeding) 80
million shares |
(3) |
Total cost of shares authorized for repurchase: (Not exceeding) 35
billion yen |
- Status as of March 2, 2004 :
|
(1) |
Aggregate number of shares repurchased: 10,000,000
shares |
(2) |
Aggregate acquisition cost: 6,015,957,000 yen |
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