Daiwa Securities Group Inc
30 January 2006
January 30, 2006
Daiwa Securities Group Inc.
Notice of Stock Repurchase through ToSTNeT-2
Daiwa Securities Group Inc. announced today the details of its stock repurchase
plan, pursuant to the provisions of Article 211-3(1)(ii) of the Commercial Code
of Japan, as follows.
1. Repurchase Method
Daiwa Securities Group Inc. will place a purchase order for its shares through
ToSTNeT-2 (Tokyo Stock Exchange Trading Network System) on January 31, 2006 at
8:45 a.m., at /1,390 per share, the closing price of Daiwa Securities Group Inc.
ordinary shares on the first section of TSE on January 30, 2006 ('closing price
trade'). There will be no other changes in transaction system or trading. The
purchase order will be valid only at the above transaction time.
2. Details of the Stock Repurchase
(1) Type of shares: Common shares
(2) Total number of shares to be repurchased: 5 million shares
Note 1: No changes will be made to the above number of shares to be
repurchased. Depending on market conditions, there is a possibility that
a part or all of the shares may not be purchased.
Note 2: Repurchase will be made upon receipt of sell orders that match the
total expected number of shares to be repurchased.
3. Announcement of Results of the Repurchase
The results of the repurchase will be announced after the close of the
transaction at 8:45 a.m. on January 31, 2006.
For Reference
1. Details of the repurchase as approved by the Board of Directors meeting of
Daiwa Securities Group Inc. on January 27, 2006.
(1) Type of shares: Common shares
(2) Total number of shares: Up to 10 million shares
(3) Total amount of acquisition price of shares: Up to 20 billion yen
2. Acquisition executed as of January 30, 2006
(1) Total number of shares purchased: None
(2) Total value of shares purchased: None
This information is provided by RNS
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