Ikegami Tsushinki Co., Ltd.'s Equity Buyback in the amount of ¥1385 mm has expired
August 06, 2013 at 12:00 am EDT
Share
The Board of Directors of Ikegami Tsushinki Co., Ltd. (TSE:6771) authorized a share repurchase program on August 5, 2013. Under the program, the company will repurchase up to 13,850,000 shares, at a price of ¥100 per share, for a total cost of ¥1.39 billion. The repurchases will be made using off-auction own share repurchase method. The repurchases will be made on August 6, 2013.
Ikegami Tsushinki Co., Ltd.'s share repurchase program expired on August 6, 2013. Under the program, the company has repurchased 13,846,000 shares for ¥1.38 billion from Toshiba Corp. (TSE:6502).
IKEGAMI TSUSHINKI CO., LTD. is a Japan-based company mainly engaged in the development, manufacture, sale and service of information and communication equipment. The Company mainly operates in Japan, North America, Latin America, Europe, the Middle East, Africa, West Asia, Southeast Asia, Oceania, and other regions. The Company is also engaged in the repair and service of information and communication equipment. Main products include broadcast video equipment, file-based equipment, transmission and communication equipment, video system equipment, broadcast video monitors, security products, medical products, image processing inspection machines and printing equipment.