TITLE

Matsushita Repurchases Additional Shares

PUB. DATE
June 2006
SOURCE
Electronic News;6/19/2006, Vol. 52 Issue 25, p57
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Japan-based Matsushita Electric Industrial Co. Ltd. has repurchased a portion of its own shares from the Tokyo stock exchange. The company repurchased 12.424 million shares of common stock between May 19 and June 16, 2006 for $260.5 million. This repurchase follows the approval by the company's board of directors during a meeting that allowed the company to repurchase up to 50 million shares of common stock.
ACCESSION #
21405739

 

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