TOKYO OHKA KOGYO CO., LTD. Announces the Results of Repurchase of Own Shares through ToSTNeT-2
KAWASAKI, Kanagawa Prefecture, Japan, October 17, 2002 - Tokyo Ohka Kogyo Co., Ltd. (TOK) hereby announces that it repurchased its own shares today, as announced on October 16, 2002, as follows:
| 1. Reason for repurchase | Opportune and quick implementation of policy on capital |
|---|---|
| 2. Type of shares repurchased | Shares of common stock |
| 3. Total number of shares repurchased | 1,250,000 shares |
| 4. Price of repurchase | JPY 1,593 per share |
| 5. Date of repurchase | October 17, 2002 |
| 6. Method of repurchase | Purchase through ToSTNeT-2 (Tokyo Stock Exchange Trading Network System-2) (closing price orders) |
(Reference)
(1) Matters of determination for the method of repurchasing own shares (announced on October 16, 2002)
· Type of shares to be repurchased Shares of common stock
· Total number of shares to be repurchased 1,250,000 shares
(2) Matters of the repurchase of own shares resolved at the 72nd Annual Shareholders' Meeting held on June 27, 2002
· Type of shares to be repurchased Shares of common stock
· Total number of shares to be repurchased Up to 3,000,000 shares
· Total value of shares to be repurchased
Up to JPY 7,000,000,000
(3) Progress of the repurchase of own shares as of October 17, 2002
· Total number of shares repurchased 1,250,000 shares
· Total value of shares repurchased JPY 1,991,250,000
October 17, 2002
Contact
H. Akama (Mr.), Manager, Planning and PR Section
TEL. +81-44-435-3000 FAX. +81-44-435-3020
h-akama@tok.co.jp