Musashi Co. Ltd. announces an Equity Buyback for 600,100 shares representing 7.55% for ¥ 681.71 million
May 13, 2013
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Musashi Co. Ltd. (Jasdaq:7521) announces a share repurchase program. Under the program, the company will repurchase 600,100 shares, representing 7.55% for ¥681.71 million.
The company will make repurchases till July 26, 2013. As of April 30, 2013, the company has 7,943,602 shares outstanding (treasury shares excluded) and 6,398 shares were held under treasury.
MUSASHI CO., LTD. is primarily engaged in the sale of information, printing and industrial system equipment, financial general and election system equipment, and paper products. The Company operates in four business segments. The Information, Printing and Industrial System Equipment segment provides equipment, materials, information processing service and maintenance of electronic media and microfilm integrated systems, and equipment, materials and maintenance of printing systems, IPS systems, and industrial inspection. The Financial General and Election System Equipment segment provides equipment, related materials and maintenance of currency handling, election and security systems. The Paper and Paper Products segment provides paper for use in printing, publishing, information and business, paperboards for cartons, special paper and paper products. The Real Estate Rental and Leasing segment is engaged in real estate leasing, non-life insurance agency and human resources business.
MUSASHI CO., LTD. 
