OMRON Announces Reacquisition of Stock Through Osaka Securities Exchange's J-NET

  • November 09, 2005
  • Omron Automation & Safety
  • OMRON Automation & Safety
  • News
Kyoto, Japan, Nov. 09, 2005 - (JCN Newswire) - OMRON Corporation (TSE: 6645; ADR: OMRNY), a global leader in automation, sensing and control technology has decided at a board of directors meeting held on November 9, 2005, to reacquire shares of the Company`s stock at the Osaka Securities Exchange, pursuant to Article 210 of the Commercial Code of Japan . The details are as the followings.1. Type of shares to be reacquired: Common shares of Omron Stock2. Number of shares to be reacquired: 3,773,000 shares3. Date of reacquisition: November 10,20054. Price for each share: 2,650 yen per share5. Method of reacquisition: Purchased through Osaka Securities Exchange's J-NET (closing-pricing transaction) at 8:50 am.6. Announcement of results: Results will be announced after the reacquisition is completed on November 10, 2005 NoteIf the number of sold shares does not satisfy the estimated number of shares, the number of sold shares will be determined as the number of reacquired shares.Reference1. Contents resolved at the annual meeting of shareholders on June 23, 2005(1)Type of shares to be reacquired: Common shares of Omron Stock(2) Number of shares to be reacquired: 4 million shares (maximum)(3)Total cost of shares to be reacquired: 10 billion (maximum)2. Progress as of November 9, 2005 present.(1)Number of shares reacquired: none(2)Total cost of shares reacquired: noneAbout OMRONHeadquartered in Kyoto, Japan, OMRON Corporation is a global leader in the field of automation. Established in 1933 and headed by President Hisao Sakuta, Omron has more than 25,000 employees in over 35 countries working to provide products and services to customers in a variety of fields including industrial automation, electronic components industries, and healthcare. The company is divided into five regions and head offices are in Japan (Kyoto), Asia Pacific (Singapore), China (Hong Kong), Europe (Amsterdam) and US (Chicago). The European organisation has its own development and manufacturing facilities, and provides local customer support in all European countries. For more information, Submit Omron Info Request Form or visit their web site at

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