NTN released Notice of Acquisition of Treasury Stock from a Subsidiary

Resource from: NTN Corporation Likes:214

Mar 28,2016

NTN Corporation hereby advises that at a Board of Directors meeting held on March 23, 2016, the Company has made a resolution to acquire treasury stock held by a subsidiary pursuant to the provisions of Article 156 of the Companies Act replaced by its Article 163. The details are as follows: 1. Reason for acquiring treasury stock Pursuant to Article 135-3 of the Companies Act, NTN Corporation acquired NTN's common stock held by the subsidiary. 2. Outline of acquisition

3. Overview of the subsidiary involved with the transaction

Reference Amount of treasury stock held as of February 29, 2016

(NTN Corporation)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous NSK Bearings to roll into the aftermarket
Next Tata steel reaches deal to sell two steel plants in Scotland

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.