The Board of Directors of GEOMATEC Co., Ltd. (JASDAQ:6907) authorized a share repurchase program on May 17, 2013. Under the program, the company will repurchase up to 550,000 shares, representing 6.56% of the shares outstanding, for a total of ¥500 million. The purpose of the program is to a mobile capital policy corresponding to the improvement of the capital efficiency and the change in the business environment. Repurchases will pursuant to in accordance with the provisions of Article 156 of the Companies Act be deemed to be replaced in accordance with the provisions of Article 165, Paragraph 3 of the same law. Repurchases will commence on May 20, 2013 and will end on March 24, 2014. As of May 17, 2013, the company has 8,382,668 shares outstanding excluding treasury shares and has 769,732 shares in treasury.
GEOMATEC Co., Ltd. completed its share repurchase program on June 14, 2013. Under the plan, the company has repurchased 472,300 shares, representing 5.63% for ¥500 million.
GEOMATEC CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of vacuum film related products. The Company is engaged in the manufacture and sale of substrates for flat panel displays (FPDs), as well as vacuum film substrates of indium tin oxide (ITO) and metal, mainly for liquid crystal displays (LCDs) of smart phones, tablet terminals, mobile phones, touch panels, car navigation systems, digital cameras and others. The Company is also engaged in the provision of various products for measuring equipment, medical equipment, lighting equipment and other optical equipment parts, solar cell parts, transparent heaters, beam expander lenses, thermocouples and others. The main products include optical thin films, transparent conductive films, ITO films, thin metal film heaters, thin film flow sensors, drip-proof and anti-fouling films, shielding and transmission prevention films, decorative films, decorative coatings and others.
GEOMATEC CO., LTD. 
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