Hitachi Announces the Number of Shares Delivered under Share Exchanges with Hitachi Plant Technologies and Hitachi Maxell
Tokyo, April 20, 2010 – Hitachi, Ltd. (NYSE: HIT/TSE: 6501) today announced that the total number of Hitachi shares delivered under the share exchanges was confirmed, relating to share exchanges which became effective April 1, 2010 with Hitachi as the wholly owning parent company and Hitachi Plant Technologies, Ltd. and Hitachi Maxell, Ltd. as the wholly owned subsidiary, respectively.
|
Number of Shares Delivered under the Share Exchange |
Share Exchange with Hitachi Plant Technologies as a wholly owned subsidiary |
22,018,364 shares of common stock |
Share Exchange with Hitachi Maxell as a wholly owned subsidiary |
19,768,274 shares of common stock |
Total |
41,786,638 shares of common stock |
Hitachi used its treasury stock for all the delivered shares under each of the Share Exchange.
The details of Hitachi making Hitachi Plant Technologies its wholly owned subsidiary via the Share Exchange was outlined in the “Hitachi and Hitachi Plant Technologies Announce Making Hitachi Plant Technologies a Wholly Owned Subsidiary of Hitachi via a Share Exchange” on February 24, 2010.
The details of Hitachi making Hitachi Maxell its wholly owned subsidiary via the Share Exchange was outlined in the “Hitachi and Hitachi Maxell Announce Making Hitachi Maxell a Wholly Owned Subsidiary of Hitachi via a Share Exchange” on February 24, 2010.
Japan
Masanao Sato
Hitachi, Ltd.
+81-3-5208-9324
masanao.sato.sz@hitachi.com
U.S.
Masayuki Takeuchi
Hitachi America, Ltd.
+1-914-333-2987
Masayuki.Takeuchi@hal.hitachi.com