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).