February 9, 2016
Company name: FANUC CORPORATION Representative: Yoshiharu Inaba, President and CEO (Stock Code: 6954, 1st Section, Tokyo Stock Exchange) Contact: Keisuke Fujii, Manager, Public Relations
Tel: (0555) 84 - 5555
Notice of Share Buyback
(under FANUC CORPORATION's Articles of Incorporation pursuant to paragraph 2 of Article 165 of the Company Act)
FANUC CORPORATION is pleased to announce that, at a meeting of its Board of Directors held today, the company authorized the repurchase of its common shares pursuant to Article 156 of the Company Act as applied pursuant to paragraph 3 of Article 165 of the Company Act, as described below.
Purpose of share buyback:
To maintain the flexibility and mobility of the company's capital policy, in response to changes in the management environment
Method of share buyback:
Discretionary trading through a securities company
Summary of share buyback:
(1) Class of shares to be repurchased | Common shares |
(2) Total number of shares to be repurchased | Up to 2 million shares (1.02% of outstanding shares*) |
(3) Aggregate amount of shares to be repurchased | Up to 30 billion yen |
(4) Buyback period | February 10, 2016 - May 9, 2016 |
Status of treasury shares (as of January 31, 2016) (for reference only)
Number of outstanding shares * | 195,628,416 shares |
Treasury shares | 10,313,799 shares |
*Excluding treasury shares
Fanuc Corporation issued this content on 09 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 February 2016 08:13:14 UTC
Original Document: http://www.fanuc.co.jp/en/ir/announce/pdf/notice20160209_e.pdf