Mitsumura Printing Co., Ltd. announces an Equity Buyback for 40,000 shares, representing 1.28% for ¥100 million.
February 06, 2018 at 02:00 am EST
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Mitsumura Printing Co., Ltd. (TSE:7916) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 1.28% of its share capital, for ¥100 million. The company will repurchase its shares in order to enhance shareholder returns and enable the implementation of a flexible capital policy. The share repurchase program will run until May 31, 2018. As of January 31, 2018, the company had 3,125,698 shares outstanding (excluding treasury shares) and 37,722 shares in treasury.
MITSUMURA PRINTING CO., LTD. is a Japan-based company principally engaged in printing business, electronic component manufacture business and real estate leasing business. The Company operates in three business segments. Printing segment conducts general printing and newspaper printing. The Segmentâs main products include publications, promotional prints, commercial prints, slips, securities, continuous slips, packaging, cards, newspapers, shopping bags, as well as video productions, among others. Electronic Component Manufacture segment mainly manufactures and sells flat panel display products and etching precision products. Real Estate Leasing segment is engaged in the leasing of office buildings and warehouse ruins, as well as the solar power generation business.
MITSUMURA PRINTING CO., LTD. 
