Pursuant to Article 3, Clause 4 of
the Supplementary Provisions to the Amended Commercial Code,
based on the former Article 3, Clause 1 of the Law for Special
Exceptions to the Commercial Code concerning the Procedure
of the Redemption of Shares, Asahi Kasei Corporation has repurchased
its shares from the market as follows:
- Purchase period:
October 30, 2001 – November 14, 2001.
- Number of shares repurchased:
5,700,000 shares.
- Total value of shares repurchased:
2,342,302,000 yen.
- Method of repurchase:
Purchase on the Tokyo Stock Exchange.
Note: A program of repurchase was authorized
by the Board of Directors on September 26, 2001, to be implemented
as follows:
- Type of shares to be repurchased:
Common shares.
- Number of shares to be repurchased:
66 million shares (maximum).
- Total value of shares to be repurchased:
30.0 billion yen (maximum).
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