AIPHONE CO., LTD. closed an Equity Buyback in the amount of ¥142.78 mm
January 09, 2013 at 11:00 pm
Share
The Board of Directors of AIPHONE CO., LTD. (TSE:6718) authorized a share repurchase program on December 18, 2012. Under the program, the company will repurchase up to 100,000 shares, representing 0.53% of its outstanding shares for ¥160 million. The purpose of the program is to implement a flexible capital policy which supports the changes in the business environment. Also, the Board announced the repurchase of 100,000 shares, representing 0.53% at a price of ¥1,421 per share for ¥142.1 million through the off-hours treasury share trading on the Tokyo Stock Exchange (ToSTNeT-3). The plan will take place on December 19, 2012. The repurchases will be made pursuant to paragraph 3, Article 165, of Japan's Corporate Law. The program will commence from December 19, 2012 and will continue till February 28, 2013. As of November 30, 2012, the company had 18,822,021 outstanding shares, excluding treasury and 1,852,107 shares in treasury.
On December 19, 2012, the ToSTNeT-3 plan expired. Under the plan, the company repurchased 79,200 shares, representing 0.53% at a price of ¥1,421 per share for a total cost of ¥112.54 million.
AIPHONE CO., LTD. completed its share repurchase program on January 10, 2013. Under the program, the company has repurchased 10,000 shares, representing 0.53% for ¥142.78 million.
Aiphone Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of telecommunications equipment. The Company is involved in the manufacture and sale of products in five geographic business segments including Japan, Thailand, Vietnam, North America and Europe. The Companyâs main products consist of detached houses systems, collective housing systems, medical and welfare facilities systems, offices and factories systems. In addition, the Company also provides installation, contract and repair services for its products. The Companyâs main products include television door phone, VIXUS, raku touch, security television door phone recording 1& 3, NFX, NBM-DN and others. In addition, the Company is engaged in the software development business.
AIPHONE CO.,LTD. 
