Contact:
Yuri Momomoto or Kazutaka Saito
Fujitsu Limited, Public & Investor Relations
Tel: +81-3-3215-5236 (Tokyo)
Fujitsu Limited
April 25, 2002
Notification of Share Repurchase Proposal
At a meeting of the Board of Directors held today, Fujitsu Limited resolved to propose a resolution at its 102nd regular Shareholders Meeting, scheduled for June 25, 2002, authorizing the repurchase of its shares pursuant to the provisions of Article 210 of the Commercial Code of Japan.
Outline of Share Repurchase Proposal
- Purpose:
To enable the company to respond to changing economic conditions and pursue capital policies with greater flexibility and agility.
- Content:
| a) | Type of shares: |
Shares of Fujitsu Limited common stock |
| b) | Total number of shares: |
Up to 60,000,000 (3% of total number of shares issued) |
| c) | Aggregate purchase price: |
Up to JPY 60,000,000,000 |
Note: The proposed share repurchase described above is subject to approval at the 102nd regular Shareholders Meeting to be held on June 25, 2002.
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