Results of Treasury Stock Repurchase Via ToSTNeT-2

Print this page

Hitachi Capital Corporation hereby serves notice that it repurchased treasury stock today, as follows. The company announced its intention to repurchase its own shares in a separate release issued yesterday.

1.Reason for Repurchase	(1) To adjust the number of shares issued and outstanding to a level commensurate with the scale of Hitachi Capital's business. (2) To help improve shareholder value.
2.Type of Shares Repurchased	Hitachi Capital common stock
3.Announcement of Repurchase Results	200,000 shares
4.Repurchase Price	¥377,000,000
5.Date of Repurchase	Thursday, 29th July, 2004
6.Method of Repurchase	Hitachi Capital placed a buy order for its common stock via ToSTNeT-2 (Tokyo Stock Exchange Trading Network System; closing price orders)

(Reference)

(1) Details of proposal for the repurchase of shares that was approved at the board of Directors' meeting held on 22nd July, 2004

·Type of shares	Hitachi Capital common stock
·Total number of shares authorized for repurchase	Up to 10 million shares
·Total value of shares authorized for repurchase	Up to ¥210.0 billion

(2) Treasury stock repurchased as of 29th July, 2004

·Total number of shares repurchased	310,000 shares
·Total value of shares repurchased	¥584,012,300

Page up