IR News
【PARK24 Co., Ltd. 】PARK24 Announces the Result of Treasury Stock Acquisition Through ToSTNeT-2
(Treasury stock acquisition in accordance with Article 211-3, Paragraph 1, Item 2 of Commercial Code)
Tokyo, March 29, 2006 - PARK24 Co., Ltd. purchased its ordinary shares as announced on March 28, 2006. In addition, the acquisition of treasury stock based on resolution of the Board meeting held on March 23, 2006 was finished.
| 1. Type of shares purchased | PARK24 Co., Ltd. common stock |
| 2. Number of shares purchased | 2,020,000 shares |
| 3. Price paid per share | 3,840 yen (Total acquisition price of ¥7,756,800,000) |
| 4. Date of purchase | March 29, 2006 |
| 5. Method of purchase | Closing price dealings through ToSTNeT-2 |
[For reference]
| Details of the Board resolution of March 23, 2006 | ||
| Type of shares to be purchased | Common shares | |
| Number of shares to be acquired | 3,000,000 shares (maximum) | |
| Total acquisition price for the shares | 10 billion yen (maximum) | |
| Progress of the stock acquisition as of March 29, 2006 | ||
| Number of shares purchased | 2,020,000 shares | |
| Total acquisition price paid for the shares | 7,756,800,000 yen | |