The Board of Directors of Ishizuka Glass Co., Ltd. (TSE:5204) authorized a share repurchase program on February 7, 2013. Under the program, the company will repurchase up to 110,000 shares, representing 0.31% of its outstanding share capital, at a price of ¥152 per share, for a total of ¥16.72 million. Repurchase will be made by a consignment through Off-Auction Own Share Trading (N-NET3) of the Nagoya Stock Exchange. The repurchase program will be in accordance with article 156, in lieu of article 165, section 3 of the Companies Act. The purpose of the program is to make possible a dynamic capital strategy responsive to changes in the business world. The repurchase will take place on February 8, 2013. As of February 7, 2013, the company has 35,131,939 shares outstanding excluding treasury shares and has 1,163,604 shares in treasury.


Ishizuka Glass Co., Ltd.'s share repurchase program expired on February 8, 2013. Under the program, the company repurchased 99,000 shares, representing 0.28% of its shares, for ¥15.05 million.