The Board of Directors of Ikegami Tsushinki Co., Ltd. (TSE:6771) authorized a share repurchase program on August 5, 2013. Under the program, the company will repurchase up to 13,850,000 shares, at a price of ¥100 per share, for a total cost of ¥1.39 billion. The repurchases will be made using off-auction own share repurchase method.

The repurchases will be made on August 6, 2013.