For Immediate Release
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Hitachi Metals, Ltd. (Jan. 31, 2005) Code:5486 URL http://www.hitachi-metals.co.jp 2-1 Shibaura 1 chome, Minato-ku, Tokyo Contact: Sig Ishigay, Officer and General Manager Corporate Communications Tel: +81-3-5765-4073 Stock Exchange where listed (section): Tokyo(First), Osaka(First) |
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Notice of Treasury Stock Purchase (Pursuant to Article 211-3, Section 1-2 of the Commercial Code of Japan) |
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Tokyo, Japan, January 31, 2005--Hitachi Metals, Ltd. announces its decision, made at the Board of Directors meeting held January 31, 2005, to purchase treasury stock based on Article 211-3, Section 1-2 of the Commercial Code of Japan. |
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1. Reason for the acquisition To allow for flexible implementation of capital policy 2. Details (1) Type of shares to be acquired: Common stock (2) Number of shares: Up to 1,150,000 shares (3) Amount of acquisition: Up to 700,000,000 yen (4) Acquisition period: February 1, 2005 to February 28, 2005 Reference:
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