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Denso says to buy back up to Y27 bln of own shares

Thu Apr 24, 2008 10:30pm EDT
 
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TOKYO, April 25 (Reuters) - Top Japanese auto parts maker Denso Corp (6902.T: Quote, Profile, Research, Stock Buzz) said on Friday it would buy back up to 27 billion yen ($259 million) worth of its own shares from June 26.

Denso plans to purchase up to 6 million shares, which would account for 0.74 percent of its outstanding stock. (Reporting by Sachi Izumi)

 

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