OMRON Announces Notice of Reacquisition Results of OMRON Stock through Osaka Securities Exchange's J-NET.Kyoto Kyoto (kyō`tō), city (1990 pop. 1,461,140), capital of Kyoto prefecture, S Honshu, Japan, on the Kamo River. Yodo is its port. Kyoto is one of Japan's largest cities and an important cultural and spiritual center. , Japan, Aug 10, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - OMRON The OMRON Corporation (オムロン株式会社 Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6645; ADR ADR - Astra Digital Radio : OMRNY), a global leader in automation, sensing and control technology has reacquired its stock as announced on August 9, 2006. This will complete the reacquisition of Company stock, which was resolved at the annual shareholders meeting held on June 22, 2006.
1. Reason of reacquisition To enable execution of flexible
management that effetively responds to
changes in economic conditions.
2. Type of shares reacquired Common shares of OMRON stock
3. Number of shares reacquired 4,158,500 shares
4. Price for each share JPY 2,675 per share
5. Date of reacquisition August 10, 2006
6. Method of reacquisition Purchased through Osaka Securities
Exchange J-NET (closing-pricing
transaction) at 8:45am
(Reference) 1. Resolution at the annual meeting of shareholders on August 9, 2006 1) Type of shares to be reacquired Common shares of OMRON Stock 2) Number of shares to be reacquired Up to 4.2 million shares 3) Total cost/shares to be reacquired Up to JPY 15 billion 2. Progress as of August 10, 2006 (present) 1)Number of shares reacquired 4,158,500 shares 2)Total cost of shares reacquired JPY 11,123,987,500 About OMRON Headquartered in Kyoto, Japan, OMRON Corporation is a global leader in the field of automation. Established in 1933 and headed by President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Hisao Sakuta, OMRON has more than 26,000 employees in over 35 countries working to provide products and services to customers in a variety of fields including industrial automation, electronic components, social systems (ticket gate machines, ticket vending machines vending machine, coin-operated, automatic device for selling goods. Many vending machines are capable of making change, and some of the more sophisticated ones accept paper money or credit cards. , and traffic control), and healthcare. The company is divided into five regions and head offices are in Japan (Kyoto), Asia Pacific (Singapore), China (Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. ), Europe (Amsterdam) and US (Chicago). For more information, visit OMRON's website at www.omron.com Source: OMRON Contact: OMRON Corporation Yutaka Fujiwara, Senior General Manager Finance and Investor Relations Headquarters Phone: +81-3-3-3436-7170 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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