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Article 156Determination of Matters Regarding Acquisition of Shares

第百五十六条(株式の取得に関する事項の決定)

A stock company must prescribe the following matters by a resolution at a shareholders meeting in advance in order to acquire for value own shares by agreement with its shareholders;provided, however, that the period under item (iii) cannot exceed one year:

株式会社が株主との合意により当該株式会社の株式を有償で取得するには、あらかじめ、株主総会の決議によって、次に掲げる事項を定めなければならない。ただし、第三号の期間は、一年を超えることができない。

the number of shares to be acquired (or, for a company with class shares, the classes of the shares and the number of shares for each class); and

取得する株式の数(種類株式発行会社にあっては、株式の種類及び種類ごとの数)

the description and total amount of the monies, etc. (excluding the shares, etc. of the relevant stock company; hereinafter the same applies in this Subsection) that will be delivered in exchange for the acquisition of the shares; and

株式を取得するのと引換えに交付する金銭等(当該株式会社の株式等を除く。以下この款において同じ。)の内容及びその総額

the period during which the shares can be acquired.

株式を取得することができる期間

The provisions of the preceding paragraph do not apply to the cases set forth in item (i) and item (ii), and in item (iv) through item (xiii) of the preceding Article.

前項の規定は、前条第一号及び第二号並びに第四号から第十三号までに掲げる場合には、適用しない。

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