Nagano Keiki CO.,LTD. announces an Equity Buyback for 3,600,100 shares, representing 17.52% for ¥2,126.4 million.
September 10, 2014
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Nagano Keiki CO.,LTD. (TSE:7715) announces a share repurchase program. Under the program, the company will repurchase up to 3,600,100 shares, representing 17.52% of its issued share capital for ¥2,102.46 million. The repurchases will continue till November 7, 2014.
As of September 11, 2014, the company has 20,547,901 shares outstanding excluding treasury shares and has 35,083 shares in treasury.
NAGANO KEIKI CO.,LTD. is a Japan-based company mainly engaged in manufacturing and sales of pressure gauges, pressure sensors, measurement control equipment, die-cast products and other related products. The Company operates in four segments. The Pressure Gauges segment is engaged in the manufacturing and sales of pressure gauges, pressure switches, temperature gauges, etc. The Pressure Sensors segment is engaged in the manufacturing and sales of pressure sensors. The Measurement Control Equipment segment is engaged in the manufacturing and sales of air pressure equipment, air leak testers, pressure testers, flow and heat meters and other application development products etc. The Die-cast Products segment is engaged in the manufacturing and sales of die-cast products. Other business involves in the leasing of real estates, the manufacturing and sales of precision components and automotive electrical components.