Purchase of Own Securities
25 Julho 2003 - 10:57AM
UK Regulatory
BW20030725002015 20030725T125713Z UTC
( BW)(SONY-CORP.)(SON) Purchase of Own Securities
Business Editors
UK REGULATORY NEWS
TOKYO--(BUSINESS WIRE)--July 25, 2003--
Notice of share buy back on the Tokyo Stock Exchange to reserve shares
for shareholders who wish to increase their shares to one unit (100
shares)
With regard to the share buy back pursuant to Article 210 of the
Commercial Code, Sony has purchased its own shares on the Tokyo Stock
Exchange as follows:
(1) Purchase Date: July 25, 2003 (Friday)
(2) Purpose: To reserve shares to be sold to
shareholders upon their requests to
purchase shares in order to increase
their shares to one unit (100 shares)
(3) Type of Shares: Shares of Common Stock
(4) Number of Shares Purchased: 500,000 shares
(5) Total Purchase Price: 1,847,370,000 yen
(6) Method: Shares were purchased on the Tokyo
Stock Exchange.
[Reference]
Authorization made at the ordinary general meeting of shareholders
held on June 20, 2003:
--Type of Shares Shares of Common Stock and shares of
Subsidiary Tracking Stock linked to
Sony Communication Network Corporation
("Tracking Stock")
--Number of Shares Common Stock: Up to 90,000,000 shares
Tracking Stock: Up to 300,000 shares
--Total Purchase Price: Common Stock: Up to 400 billion yen
Tracking Stock: Up to 1 billion yen
(Note) As of July 25, 2003, the above transaction is the only share
buy back carried out by Sony pursuant to the above authorization.
Short Name: SON
Category Code: POS
Sequence Number: 00007599
Time of Receipt (offset from UTC): 20030725T122920+0100
--30--ac/uk*
CONTACT: Sony Corporation
Corporate Communications
(03) 5448-2200 (Direct line)
KEYWORD: UNITED KINGDOM JAPAN INTERNATIONAL EUROPE ASIA PACFIC
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
ELECTRONIC GAMES/MULTIMEDIA HARDWARE
SOURCE: Sony Corp.
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