This material is translation and summary form Japanese version announcing on same date. If there is difference in this material and Japanese version, please refer to Japanese versions.
Dear all,
March 25, 2014
Company name B i t - i s l e I n c .
(Code number 3811, TSE 1st Section)
Representative | President & CEO | Kohei Terada |
Contact | Director of Finance & Administration Division | Hideo Fukai |
Telephone | +81-3-5782-8723 |
Result of the Acquisition of Treasury Stock
(Acquisition of Treasury Stock Pursuant to the Articles of Incorporation based on the Provision of
Article 165 , Paragraph 2 of the Companies Act)
And Bit-isle Inc. also announces that it has completed the acquisition of treasury stock determined by a resolution at its board of directors meeting held on March 18, 2014.
(1) Acquisition period: From March 19, 2014 to March 25, 2014 (2) Class of shares to be acquired: common shares of the company (3) Total number of shares to be acquired: 600,000 shares
(4) Total value of shares to be acquired: 371,403,000 yen
(5) Acquisition method: Repurchase in the market(Tokyo Stock Exchange)
(Reference)
1. Resolution of the board of directors meeting on March 18, 2014
(1) Class of shares to be acquired: common shares of the Company
(2) Total number of shares to be acquired: 600,000 shares (maximum)
(Ratio to the total number of shares issued (excluding treasury stock): 1.68 %) (3) Total value of shares to be acquired:450,000,000 yen (maximum)
(4) Acquisition period: From March 19, 2014 to March 26, 2014
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