Olympus 2008 Annual Report Download - page 61

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OLYMPUS 2008 59
25. SUBSEQUENT EVENTS
The directors’ meeting held on May 8, 2008 approved the acquisition of treasury stock in accordance with Article 156 applied by reading of
terms pursuant to the provisions of Article 165(3) of the Japanese Corporate Law. The details were as follows:
Class of shares: Common stock
Number of shares: Limited to 3,500,000 shares
Cost of share acquisitions: Limited to ¥10,000 million ($95,238 thousand)
Period of acquisitions: From May 9, 2008 to June 20, 2008
Method of purchase: From market
The company repurchased 2,958,000 shares of treasury stock at an acquisition cost of ¥9,998 million ($95,219 thousand) at Tokyo Stock
Exchange from May 9, 2008 to June 20, 2008.