Notification of Share Buyback (Equity repurchase pursuant to the provisions of Article 211-3, Paragraph 1, Item 2 of the Commercial Code of Japan)
September 6, 2005
Future System Consulting Corp. announces that at a meeting held on September 5, 2005, its Board of Directors approved a resolution specifying how the company will repurchase shares of its outstanding common stock from the market pursuant to the provisions of Article 211-3, Paragraph 1, Item 2 of the Commercial Code of Japan. The details are as follows.
1. Reason for our stock repurchase
For our maneuverable capital policy.
2. Particulars of repurchase
- (1) Type of shares to be repurchased: Shares of the company's common stock
- (2) Total number of shares to be repurchased: 1,000 shares (0.8% of the total issued and outstanding shares)
- (3) Total amount of shares to be repurchased: 300,000,000 yen
- (4) Period of repurchase: September 6 - September 30, 2005
(Reference 1) Status of Future System's treasury shares as of September 6, 2005 Total number of issued and outstanding shares (except treasury shares): 115,728 shares Number of treasury shares: 3,432 shares