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| May 30, 2003 |
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| Purchase of Own Shares |
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Tokyo, May 30, 2003 --- Hitachi, Ltd. (NYSE:HIT / TSE:6501) announced that, pursuant to the provisions of Article 210 of the Commercial Code of Japan, it purchased its own shares at the market as follows:
1. Class of shares purchased: Common stock of Hitachi, Ltd.
2. Aggregate number of shares purchased: 66,338,000 shares
3. Aggregate purchase amount: 29,934,896,000 yen
4. Period of purchase: May 1, 2003 through May 30, 2003
5. Method: Purchase at Tokyo Stock Exchange
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Details of the resolution that was approved at the Ordinary General Meeting of Shareholders held on June 26, 2002 are as follows: |
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(1) Class of shares to be acquired: Common stock of Hitachi, Ltd. |
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(2) Aggregate number of shares to be acquired: Up to 300 million shares |
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(3) Aggregate acquisition amount: Up to 300 billion yen |
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Acquisition executed pursuant to the above resolution through May 30, 2003 |
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(1) Aggregate number of shares acquired: 66,338,000 shares |
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(2) Aggregate acquisition amount: 29,934,896,000 yen |
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| Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice. |
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PDF files are in Adobe's Portable Document Format. To view them you need Acrobat(R) Reader 5.0 by Adobe Systems Incorporated. |
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