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Trend Micro Announces Results of Share Buyback
Tokyo, Japan – June 30, 2009 - Trend Micro (TSE: 4704), a leader in network antivirus and Internet content security software and services, today announced the results of its share buyback program under Article 156 of the Corporation Law of Japan, as applied pursuant to Article 165(3) of the Corporation Law. And this buyback program approved pursuant to a resolution adopted at a meeting of the Board of Directors held on May 12, 2009 has finished today.
1. Class of Capital Stock to be Purchased
Shares of Common Stock
2. Purchase period
From May 15, 2009 to May 26, 2009 (based on trade date)
3. Number of shares purchased
183,000 shares
4. Aggregate cost of shares purchased
538,437,500 yen
Note: At the meeting of the Board of Directors held on May 12, 2009, the Board adopted a resolution approving the share buyback program as follows:
(1) Class of Capital Stock to be Purchased: Shares of Common Stock
(2) Number of Shares to be Purchased: Up to 1,000,000 shares (0.75% of the total outstanding shares)
(3) Total Purchase Price: Up to 3,000 million yen
(4) Schedule: From May 13, 2009 to June 30, 2009
(5)Method of repurchase: Open market purchases at the Tokyo Stock Exchange
Notice Regarding Forward-looking Statements
Certain statements that we make in this release are forward-looking statements. These forward-looking statements are based upon management’s current assumptions and beliefs in light of the information currently available to it, but involve known and unknown risks and uncertainties. Many important factors could cause our actual results to differ materially from those expressed in our forward-looking statements. These factors include:
- Difficulties in addressing new virus and other computer security problems
- Timing of new product introductions and lack of market acceptance for our new products
- The level of continuing demand for, and timing of sales of, our existing products
- Rapid technological change within the antivirus software industry
- Changes in customer needs for antivirus software
- Existing products and new product introductions by our competitors and the pricing of those products
- Declining prices for products and services
- The effect of future acquisitions on our financial condition and results of operations
- The effect of adverse economic trends on our principal markets
- The effect of foreign exchange fluctuations on our results of operations
* An increase in the incidence of product returns
- The potential lack of attractive investment targets and
- Difficulties in successfully executing our investment strategy
About Trend Micro
Trend Micro Incorporated, a global leader in Internet content security, focuses on securing the exchange of digital information for businesses and consumers. A pioneer and industry vanguard, Trend Micro is advancing integrated threat management technology to protect operational continuity, personal information, and property from malware, spam, data leaks and the newest Web threats. Visit TrendWatch at www.trendmicro.com/go/trendwatch to learn more about the latest threats. Trend Micro’s flexible solutions, available in multiple form factors, are supported 24/7 by threat intelligence experts around the globe. Many of these solutions are powered by the Trend Micro™ Smart Protection Network, a next generation cloud-client content security infrastructure designed to protect customers from Web threats. A transnational company, with headquarters in Tokyo, Trend Micro’s trusted security solutions are sold through its business partners worldwide. Please visit www.trendmicro.com.
For additional Information
Mr. Mahendra Negi
Chief Operating Officer / Chief Financial Officer / IR Officer
Phone: +81-3-5334-4899
Fax: +81-3-5334-4874
ir@trendmicro.co.jp
