The Akita Bank, Ltd.'s Equity Buyback in the amount of ¥867.2 mm has expired
August 23, 2013 at 12:00 am
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The Board of Directors of Aiphone Co., Ltd. (TSE:6718) authorized a share repurchase program on August 22, 2013. Under the program, the company will repurchase up to 3,200,000 shares at a price of ¥271 per share, for a total cost of ¥867.2 million. Repurchases will be made by a way of Off-auction Own Share Repurchase. Repurchase will take place on August 23, 2013.
Aiphone Co., Ltd.'s share repurchase program expired on August 23, 2013. Under the program, the company repurchased 2,977,000 shares at a price ¥271 per share, for a total cost of ¥806.8 million.
THE AKITA BANK, LTD. is a Japan-based regional bank. The Bank operates in three business segments. The Banking segment provides the deposit, loan, securities trading and investment, domestic and foreign exchange, bond underwriting and registration services, among others. The Leasing segment is engaged in the leasing business. The Others segment is engaged in the regional economy vitalization support business, management consulting service, the personal loan credit guarantee business, the provision of credit services and others.