Sukegawa Electric Co., Ltd. announces an Equity Buyback for 250,000 shares, for ¥153.5 million.
September 15, 2014
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Sukegawa Electric Co., Ltd. (JASDAQ:7711) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares at a price of ¥614 per share, for a total cost of ¥153.5 million. Shares will be repurchased through Off-auction Own Share Repurchase trading method on Tokyo Stock Exchange.
SUKEGAWA ELECTRIC CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of electric machinery equipment, precision machinery equipment, metal-surface treatment products and food products. The Company operates in two business segments. The Energy-related segment is engaged in the manufacture and sale of products used in temperature control-related equipment in nuclear and thermal power plants, and safety certification testing equipment in research institutes. The Industrial System-related segment is engaged in the manufacture and sale of products used in steel, automobile, semiconductor and liquid crystal manufacturing devices. The Company is also engaged in the operation of restaurants, as well as the manufacture and sale of health supplements.
SUKEGAWA ELECTRIC CO., LTD. 
