This serves as notification that JSR Corporation, at the meeting of its Board of Directors held on August 21, 2007, decided to purchase its own shares pursuant to the provisions of Article 156, which is applicable in accordance with Article 165 (3) of the Corporation Act of Japan.
| 1. Purpose of purchase |
|
To exercise agile capital policies corresponding to changes in the business environment. |
| 2. Details of purchase |
|
1) |
Type of shares to be purchased: |
|
|
Common shares of the company. |
|
2) |
Total number of shares to be purchased: |
|
|
Up to 2,000,000 shares (approximately 0.78% of total number of shares issued). |
|
3) |
Total purchase cost: |
|
|
Up to 6,000,000,000 yen. |
|
4) |
Period of purchase: |
|
|
From August 22, 2007, to December 28, 2007. |
|
5) |
Method of purchase: |
|
|
Purchase on open market. |
| Reference |
| Shares held by the company as of March 31, 2007. |
|
- |
Total number of shares issued (excluding treasury stock): |
|
|
252,220,392 shares. |
|
- |
Number of treasury stock shares: |
|
|
3,664,774 shares. |
|
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