Millea Holdings, Inc.
2-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo
TSE code number: 8766
(Acquisition by the Company of its own shares pursuant to the provision of its Articles of Incorporation in accordance with Article 165, paragraph 2 of the Corporation Law.)
Millea Holdings, Inc. (the "Company") announced today that it has repurchased its own shares pursuant to Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Corporation Law, and the resolution of its board of directors dated June 28, 2006. The details are as follows.
- (a) Period in which repurchases were made:
- From July 1, 2006 through July 31, 2006.
- (b) Number of shares repurchased:
- 5,594 shares.
- (c) Aggregate purchase price of shares:
- 11,964,060,000 yen.
- (d) Method of repurchase:
- Purchased through the Tokyo Stock Exchange.
(For reference)
1. Details of the resolution made at the meeting of the board of directors held on June 28, 2006 are as follows. - (a) Class of shares to be repurchased:
- Common stock of the Company.
- (b) Aggregate number of shares to be repurchased:
- Up to 47,000 shares.
(Represents approximately 2.8% of total issued shares.)
- (c) Aggregate purchase price of shares:
- Up to 90 billion yen.
- (d) Period in which repurchases may be made:
- From June 29, 2006 through September 8, 2006.
2. Details of the share repurchases made pursuant to the resolutions of the board of directors since June 28, 2006 pursuant to Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Corporation Law are as follows.
(a) Aggregate number of shares repurchased: 32,394 shares. (Approximately 1.9% of total issued shares.)
(b) Aggregate purchase price of shares: 67,172,060,000 yen.
