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December 3, 2004 |
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To: Concerned parties |
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Company: I-Net Corporation
Name and title of representative: Noriyoshi Ikeda, President (Code 9600, Tokyo Stock Exchange, Second Section) Contact: Fumiaki Igarashi Director and Manager, Administration Department Telephone: 045-682-0805
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Notification of the Results of Acquisition of Treasury Stock via ToSTNet-2
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I-Net Corporation hereby announces the acquisition of treasury stock implemented today as indicated in our notice issued yesterday (December 2, 2004) . |
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| 1. Purpose of the acquisition: |
To enable the flexible execution of capital policies |
2. Type of stock to be acquired:
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I-Net Corp. common shock |
| 3. Total number of shares acquired: |
30,000 |
| 4. Acquisition price: |
¥21,000,000 |
| 5. Date of acquisition |
Friday, December 3, 2004 |
| 6. Acquisition method: |
Purchase via ToSTNet-2 of the Tokyo Stock Exchange (closing price purchase) |
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| Reference 1: Content of the resolution regarding the specific method for acquiring
treasury stock (portion announced on December 2, 2004) |
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* Type of stock in consignment order: |
I-Net Corp. common stock |
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* Total number of shares in consignment order: |
50,000 |
(maximum) |
| Reference 2: Content of acquisition of treasury stock resolved at the regular General Meeting of Shareholders convened on June 24, 2004: |
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* Type of stock to be acquired: |
I-Net Corp. common shock |
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* Total number of shares to be purchased: |
1,000,000 |
(maximum) |
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* Total acquisition value of the shares: |
¥800,000,000 |
(maximum) |
| Reference 3: Conditions of acquisition of treasury stock as of December 3, 2004 |
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* Total number of shares acquired: |
171,000 |
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* Total value of acquired shares: |
¥121,374,600 |
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