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The Kansai Electric Power Co., Inc. (Code: 9503)
6-16 Nakanoshima 3-chome, Kita-ku, Osaka
(URL http://www.kepco.co.jp)
Company Representative: Yohsaku Fuji, President and Director
Contact: Yasushi Sugimoto, General Manger, Office of Financing and Accounting
Tel: +81-6-6441-8821
Kansai Electric Power Co., Inc. (the Company) yesterday announced that, pursuant to Article 211-3, Paragraph 1, Item 2 of Japanese Commercial Code it planned to repurchase. The results of repurchase are as follows:
| (1) Class of shares repurchased : |
Kansai Electric ordinary shares |
| (2) Number of shares repurchased: |
8,363,600 shares |
| (3) Repurchase amount : |
17,312,652,000 yen |
| (4) Date of repurchase: |
April 22, 2005 |
| (5) Method of repurchase: |
Closing price transaction through ToSTNeT-2
(Tokyo Stock Exchange Trading Network) |
(Reference)
Detail of the share-buyback program agreed at board meeting on April 21, 2005
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Class of shares to be repurchased |
Kansai Electric ordinary shares |
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Maximum number of shares |
9,300,000 shares |
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Maximum amount of repurchase |
20,000 million yen |
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