Yamanaka Co., Ltd announces an Equity Buyback for 1,152,000 shares, representing 5.64% for ¥ 852.48 million.
July 28, 2013
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Yamanaka Co., Ltd. (NSE:8190) announces a share repurchase program. Under the program, the company will repurchase up to 1,152,000 shares, representing 5.64% of total outstanding shares at a price of ¥740 per share for a total of ¥ 852.48 million. The repurchases will be made from Sun Daily Co., Ltd. The repurchases will be made in accordance with article 156 in lieu of article 163 of the Companies Act.
The repurchases will be made on July 30, 2013. As of July 20, 2013, the company has 20,415,841 shares outstanding and 9,377 shares were held under treasury.
YAMANAKA CO.,LTD. is a Japan-based company principally engaged in the retail business and retail peripheral business. The retail business develops a supermarket chain. The retail peripheral business sells fresh flowers, and provides fresh flowers, horticultural materials, daily products, and cooked rice. The Company is also engaged in the restaurant business, the food production & processing & sales business, the product shipping agency business, the real estate rental business, as well as the maintenance of store facilities.
YAMANAKA CO.,LTD. 
