The Board of Directors of Sekonic Holdings Corporation (TSE:7758) authorized a share repurchase program on August 27, 2012. Under the program, the company will repurchase up to 800,000 shares, representing 4.47% of its outstanding shares, for ¥72 million. The shares will be repurchased using the Tokyo Stock Exchange off-auction own share repurchase trading (ToSTNeT-3) at the closing price of ¥90 per share on the stock exchange and as per the provisions of Article 156 of the Companies Act, which is made applicable by Article 165.3 of the Companies Act. The purpose of the program is to carry out a flexible capital strategy that can respond to the changes in the business world. The program will take place on August 28, 2012. As of July 31, 2012, the company has 17,878,903 shares in issue excluding treasury and 921,097 shares in treasury.


Sekonic Holdings Corporation's share repurchase program expired on August 28, 2012. Under the plan, the company has repurchased 710,000 shares, representing 3.97% for ¥63.9 million.