Nov 10 (Reuters) - Itec Corp <9964.T>:Says it repurchased 451,200 shares of its common stock for 764.3 million yen in total via ToSTNeT-3, on Nov. 10.Previous news was disclosed on Nov. 9.
Nov 9(Reuters) - Itec Corp <9964.T>:Says it plans to repurchase up to 550,000 shares of its common stock, representing 4.5 percent of outstanding on Nov. 10.Share repurchase price is 1,694 yen per share, the closing price of Nov. 9, or 931.7 million yen in total.
ITEC CORP:Says a Shizuoka-based securities management company named OE Holdings to raise stake in the company to 35.73 pct (40,769 voting rights) from 23.31 pct (26,596 voting rights).Says a Shizuoka-based securities management company named OD Holdings to cut stake in the company to 0 pct from 12.42 pct (14,173 voting rights).Effective March 31.
ITEC CORP:Appoints current president Eiichi Ohata as chairman.Appoints Daisuke Ohata as president.Effective June 26.
ITEC CORP:Completed repurchase of 560,000 shares of its common stock, representing a 4.58 pct stake.Shares repurchased at the price of 1,072 yen per share, or 600,320,000 yen in total, from Feb. 13 to March 12.
ITEC CORP:To repurchase 610,000 shares at 1,072 yen per share, or 674,420,000 yen in total including commissions, from Feb. 13 to March 12.
ITEC CORP:Says it expects an extraordinary loss of 901 million yen for FY ending March 2015.Says the loss is recorded for loss on disaster.
ITEC CORP:Says the company lowered the consolidated mid-year outlook for revenue to 32,700 million yen from 35,400 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 1,291 million yen from 1,359 million yen.Sees an increase of ordinary profit forecast to 1,486 million yen from 1,259 million yen.Sees a decrease of net profit forecast to 361 million yen from 666 million yen.Sees a decrease of earnings per share to 30.15 yen from 55.62 yen.Comments the extraordinary loss is the main reason for the forecast.
ITEC CORP:Says the company remained the consolidated full-year outlook for revenue at 71,200 million yen for FY ending March 2015.Operating profit forecast at 2,485 million yen.Ordinary profit forecast at 2,530 million yen.Sees a decrease of net profit forecast to 950 million yen from 1,340 million yen.Sees a decrease of earnings per share to 79.34 yen from 111.92 yen.Comments the extraordinary loss is the main reason for the forecast.
ITEC CORP:Raised consolidated full-year outlook for fiscal year ending Mar. 2014.Sees revenue of 62,800 million yen from 58,500 million yen.Sees operating profit of 1,730 million yen from 1,319 million yen.Sees ordinary profit of 2,000 million yen from 1,505 million yen.Sees net profit of 900 million yen from 797 million yen.Sees earning per share of 75.17 yen from 66.57 yen.Says the reason for positive outlook is due to the increased sales.Sees year-end dividend of 23 yen per share from 20 yen per share, for the same fiscal year.