Notice on Purchase of the Company's Own Stock on the Market
(Acquisition of the Company's Own Stock pursuant to Article 210 of the Commercial Code)
March 26, 2003
We hereby notify you that Kurita Water Industries, Ltd. has purchased the Company's own stock on the market as follows pursuant to the provision of Article 210 of the Commercial Code.
Details of the purchase:
Period of purchase |
From February 26, 2003 to March 18, 2003 |
Number of shares purchased |
1,250,000 shares |
Total cost |
¥1,296,054,700 |
Method of purchase |
Purchase on the Tokyo Stock Exchange |
Details of the share purchase resolution at the 66th general shareholders' meeting held on June 27, 2002
(1) Type of shares to purchase |
Common stock of Kurita Water Industries, Ltd. |
(2) Total number of shares |
13,000,000 shares (upper limit) |
(3) Total value of shares |
¥20 billion (upper limit) |
Cumulative result of progress from June 27, 2002 as of March 18, 2003
(1) Cumulative number of shares acquired |
3,709,100 shares |
(2) Cumulative share acquisition cost |
¥4,019,554,400 |