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Update on Acquisition of Own Shares
(Acquisition of own shares under the provisions of Yamaha’s Articles of Incorporation, pursuant to Article 165-2 of the Corporation Law of Japan) |
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| Yamaha Corporation conducted the following acquisition of its own shares under Article 156 of the Corporation Law of Japan, as applied pursuant to Article 165-3 of the said Corporation Law. The details of the acquisition were as follows. |
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| (1) |
Period for the share acquisition |
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May 1, 2008, to May 31, 2008 |
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Total number of shares acquired |
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7,562,900 shares |
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Total amount of shares acquired |
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¥14,921,927,200 |
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Method of acquisition |
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Market purchases on the Tokyo Stock Exchange |
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| Supplementary Information: |
| (1) |
Content of the Board of Directors’ decisions on April 30, 2008, regarding the acquisition of the Company’s own shares |
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Class of shares to be acquired |
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Yamaha’s common shares |
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Total number of shares to be acquired |
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10 million (upper limit) |
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(This represents 4.8% of all Company shares issued and outstanding (excluding treasury stock)) |
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Total amount of shares to be acquired |
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¥18.0 billion (upper limit) |
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Period for the share acquisition |
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May 1, 2008, to September 30, 2008 |
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| (2) |
Total number and amount of own shares purchased to date under the April 30, 2008, decisions of the Board of Directors |
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Total number of shares acquired |
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7,562,900 shares |
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Total amount of shares acquired |
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¥14,921,927,200 |
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For further information, please contact
Yamaha Corporation
Public Relations Division, Public Relations Group
TEL. +81-3-5488-6601
FAX. +81-3-5488-5060
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