December 1, 2008
Announcement of the status of share repurchase
( Share repurchases in accordance with the article 165 section 2 of the Company Law of Japan)
Mabuchi Motor Co., Ltd. hereby announces the status of repurchase of its shares being made on the basis of the resolution at the board of directors held on November 6, 2008 in accordance with the article 165 section 2 of the Company Law of Japan.
The status of repurchase
- Shares repurchased: Common share of Mabuchi Motor Co., Ltd.
- Period of repurchase: From November 7,2008 to November 28, 2008
- Total number of shares repurchased: 1,330,500 shares
- Total amounts of acquisition cost: 5,402,854,000 yen
- Method of repurchase: Repurchase in the open market through a trust agency
Reference
The outline of the resolution of the board of directors held on November 6, 2008:
- Classes of Shares: Common Share of Mabuchi Motor Co., Ltd.
- Total number of shares to be repurchased: 2 million shares (Maximum)
(The ratio to the total number of shares issued excluding repurchased shares: 5.40%) - Total amounts of acquisition cost of shares: 10 billion yen (Maximum)
- Method of repurchase: Repurchase in the open market through a trust agency
- Schedule of repurchase: From November 7, 2008 to December 19, 2008