Kubota : Notice of retirement of own shares (433KB)
December 20, 2018 at 01:55 am EST
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December 20, 2018
FOR IMMEDIATE RELEASE
Contact: IR Group
Global Management Promotion Dept.
2-47, Shikitsuhigashi 1-chome,
Naniwa-ku, Osaka 556-8601, Japan
Phone: +81-6-6648-2645
Notice of retirement of own shares
Kubota Corporation (hereinafter "the Company") has resolved at the Meeting of the Board of Directors held on December 20, 2018 to retire shares of common stock of the Company pursuant to Article 178 of the Corporate Law of Japan as follows:
1.
Type of shares to be retired:
Common stock of the Company
2.
Number of shares to be retired:
1,500,000 shares
(0.1 % of the total number of shares issued)
3.
Date of retirement:
December 28, 2018(planned)
(Reference)
After the above retirement of shares, total number of shares issued will be 1,232,556,846.
< Cautionary Statements with Respect to Forward-Looking Statements >
This document may contain forward-looking statements that are based on management's expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results may differ materially from what is forecast in forward-looking statements due to a variety of factors, including, without limitation: general economic conditions in the Company's markets, particularly government agricultural policies, levels of capital expenditures, both in public and private sectors, foreign currency exchange rates, the occurrence of natural disasters, continued competitive pricing pressures in the marketplace, as well as the Company's ability to continue to gain acceptance of its products.
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Kubota Corporation published this content on 20 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 December 2018 06:54:01 UTC
Kubota Corporation specializes in the manufacturing and marketing of industrial and agricultural machines and water purifying and distribution equipments. Net sales break down by family of products as follows:
- industrial and agricultural machines (84.9%): tractors, harvesters, transplantors, mowers, etc.;
- water purifying and distribution systems (13.9%): ductile cast iron, steel and plastic pipes, valves, recycling pumps, incinerators, ceramic filters, used water purifiers, etc.;
- other (1.2%): industrial pieces, steel tubes, building machines, etc.
Net sales break down geographically as follows: Japan (27.4%), Asia (18.5%), North America (37.3%), Europe (13%) and other (3.8%).
KUBOTA CORPORATION 
