Monami Co., Ltd. announces an Equity Buyback for 350,000 shares.
October 25, 2018 at 10:09 pm EDT
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Monami Co., Ltd. (KOSE:A005360) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares. The purpose of the program is to improve shareholder value through stock price stabilization. The repurchase program will run through January 28, 2019. As of October 25, 2018, the company had 350,000 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
MonAmi CO., LTD. is a Korea-based company mainly engaged in the provision of stationery products and printer supplies. The Company operates its business through three main divisions: stationery division, computer supplies division and other business division. Its stationery division is engaged in the manufacture and distribution of stationery products, such as ball pens, nib pens, marker pens, highlighters, mechanical pencils, art materials, erasers, correction pens, board cleaners, calculators and other related items. Its computer supplies division mainly provides printer supplies, such as inks, ink cartridges, toners and others. Its other business division engages in the franchise business, provision of printing and output services, and operation of special sale goods.
MONAMI CO., LTD. 
