Tranche Update on Almado, Inc.'s Equity Buyback Plan announced on November 14, 2023.
December 25, 2023 at 01:00 am EST
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From November 14, 2023 to December 22, 2023, the company has repurchased 222,300 shares, representing 2.31% for ¥300 million. With this, the company has completed the repurchase of 222,300 shares, representing 2.31% for ¥300 million under the buyback announced on November 14, 2023.
Almado Inc manufactures and sells food and cosmetics using eggshell membrane materials. All food and cosmetics production are outsourced. The Company operates the Eggshell Membrane Healthcare business segment. Sales channels include television (TV) shopping sales, external indirect sales and in-house direct sales. In TV shopping sales, the Company introduces eggshell membrane foods and eggshell membrane cosmetics through QVC TV shopping, a TV shopping specialty channel. The main products are the Ode series of cosmetics and TO-II of food. External indirect sales include sales of original equipment manufacturing (OEM) products and wholesale sales. In-house direct sales receive orders directly from end consumers through their own e-commerce sites and other companies' e-commerce sites. Major products include the CELLULA series of cosmetics.
ALMADO, INC. 
