Tranche Update on Makino Milling Machine Co., Ltd.'s Equity Buyback Plan announced on October 30, 2020.
March 04, 2021 at 04:40 am EST
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From October 30, 2020 to March 4, 2021, the company has repurchased 253,200 shares, representing 1.04% for ¥1,000 million. With this, the company has completed the repurchase of 253,200 shares, representing 1.04% for ¥1,000 million under the buyback announced on October 30, 2020.
Makino Milling Machine Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of machine tools. The Company operates through four business segments. The Company mainly manufactures, sells and engineering flexible production system equipment, designs, manufactures, sells and repairs machine tool control devices, installs and after-sale services for machine tools and sells repair parts. The Company also manufactures and develops machine tool peripherals, manufactures, sells, repairs, packs, and provides insurance agency services for machine tools. The main regions are Japan, Korea, China, Oceania, Russia, Norway, Southeast Asia (ASEAN), India, United Kingdom, North and South America, and Continental Europe (excluding Norway).