Mamiya-OP Co., Ltd. announces an Equity Buyback for 361 shares.
October 28, 2016 at 02:00 am EDT
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Mamiya-OP Co. Ltd. (TSE:7991) announces a share repurchase program. Under the program, the company will repurchase up to 361 shares, using the closing price of its common shares in Tokyo Stock Exchange on the date of the purchase (October 28, 2016). The company is repurchasing its shares following a reverse share-split (consolidation of 10 shares to 1 share), based on the resolution of the 74th ordinary General Meeting of shareholders last June 29, 2016.
Mamiya-OP Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of electronic equipment and sporting goods, as well as the real estate business. The Company operates through three business segments. The Electronic Equipment segment is engaged in the development, manufacture and sale of small automatic ticket vending machines, banknote transport systems, banknote validators and autonomous driving systems, the installation and maintenance of gaming systems, and the development and maintenance of software. The Sports segment is engaged in the provision of golf-related supplies, blocking rods, arrows and bows, and vaulting poles. The Real Estate segment is engaged in buying and selling, leasing, brokerage, and management of real estate.
MAMIYA-OP CO., LTD. 
