Imura Envelope Co., Inc. announces an Increase in Equity Buyback.
October 24, 2019
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On October 25, 2019, the company announced an increase in its equity buyback plan. Under the increased authorization, the company will repurchase up to 350,000 shares, representing 3.40% of its share capital, for ¥200 million.
Imura & Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of various envelopes, and the delivery agency for direct mail. The Company operates through two business segments. The Package Solution segment manufactures and sells various types of envelopes, including long envelopes, square envelopes, western envelopes, window envelope and nonwoven fabric envelopes, and landscaping materials. The Mailing Service segment engages in direct mail planning, production, and delivery services, booklets and various promotional products enclosing, packing and delivery agency services, customer list management, data printing services, media matching and campaign secretariat, and logistic services. The Company also engages in the sale of computers and peripherals, the development of software, manufacture and sale of printed materials and goods for medical institutions, automatic control devices and electronic circuits for machinery and equipment.