Fuji Kyuko Co., Ltd.'s Equity Buyback in the amount of ¥400 mm has expired
May 08, 2013 at 12:00 am EDT
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The Board of Directors of Fuji Kyuko Co., Ltd. (TSE:9010) authorized a share repurchase program on May 9, 2012. Under the program, the company will repurchase up to 1,000,000 shares, representing 0.94% of its common stock for ¥400 million. The shares will be repurchased in accordance with article 156 in lieu of article 165, section 3 of the Companies Act. The plan will commence on May 9, 2012 and will continue until May 8, 2013. As of April 30, 2012, the company has 109,769,477 shares outstanding, including 2,964,456 shares held in treasury.
Fuji Kyuko Co., Ltd.'s share repurchase program expired on May 8, 2013. Under the plan, the company has repurchase no shares.
Fuji Kyuko Co Ltd is a Japan-based company primarily engaged in the transportation, real estate and leisure businesses. The Company operates in three business segments. The Transportation segment provides railroad, buses, hire-taxi services, shipping and ropeway business. The Real Estate segment is engaged in the purchase, sale, brokerage and leasing of real estate, as well as management of villa. The Leisure and Services segment is engaged in the operation of amusement parks, hotels, ski resorts and golf courses, outdoor, food and goods sales, as well as travel business. The Company is also involved in the department store operation, construction, information processing service business, as well as the manufacture and sale of mineral water, and construction and repair of the group facilities.
FUJI KYUKO CO., LTD. 
