Fukushima Printing Co., Ltd. announces an Equity Buyback for 250,000 shares, representing 4.17% for ¥106.25 million.
September 29, 2021 at 03:30 am EDT
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Fukushima Printing Co., Ltd. (NSE:7870) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 4.17% of its issued share capital (excluding treasury stock), for a total purchase price of ¥106.25 million. The shares will be repurchased at a price of ¥425 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns, and to enable flexible execution of capital policies in response to changes in the business environment. As of August 20, 2021, the company had 5,999,599 issued shares (excluding treasury stock) and 401 treasury shares.
FUKUSHIMA PRINTING CO.,LTD. is a Japan-based company mainly engaged in printing business. The Company is engaged in the manufacture and sale of sales-related products and office communication products based on printing technology. The Company provides four kinds of services. The business form (BF) composite service provides computer forms, general forms, stickers and labels. The planning and business printing service provides advertising printing, disclosure-related printing, and manual printing. The information processing data processing (IPDP) service provides invoice processing, administrative services printing, notification guides printing. The direct mail data processing (DMDP) service provides direct mail (DM), contracted DM processing, and database-on-demand printing.
FUKUSHIMA PRINTING CO., LTD. 
