NTN Corporation hereby advises that at a Board of Directors meeting held on March 23, 2016, the Company has made a resolution to acquire treasury stock held by a subsidiary pursuant to the provisions of Article 156 of the Companies Act replaced by its Article 163. The details are as follows:
1. Reason for acquiring treasury stock
Pursuant to Article 135-3 of the Companies Act, NTN Corporation acquired NTN's common stock held by the subsidiary.
2. Outline of acquisition
3. Overview of the subsidiary involved with the transaction
Reference
Amount of treasury stock held as of February 29, 2016
