DENSO announces outcome of the share repurchase - Asia - Brief Article

Automotive Industries, Jan, 2004

DENSO Corporation announced the outcome of the repurchase of its own shares in conformity with the Provisions of Article 210 of the Commercial Code. The decision to repurchase its own shares, was made at the 80th Annual General Meeting of Shareholders on June 27, 2003, included common stock of the company.

The aggregate number of shares to be repurchased is 20 million shares with an aggregate purchase amount up to 40 billion yen. The cumulative total number of shares repurchased from the 80th Annual General Meeting of Share holders through Dec. 22, 2003 is 3,780,000 shares which cost DENSO 7,783 million yen.