Tranche Update on Bando Chemical Industries, Ltd.'s Equity Buyback Plan announced on May 12, 2022.
March 14, 2023 at 10:00 pm EDT
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From January 1, 2023 to March 14, 2023, the company has repurchased 235,200 shares, representing 0.54% for ¥230.97 million. With this, the company has completed the repurchase of 1,021,600 shares, representing 2.31% for ¥999.92 million under the buyback announced on May 12, 2022.
Bando Chemical Industries, Ltd. is a company mainly engaged in the manufacture and sale of automotive parts, industrial materials and high performance elastomer products. The Company operates through three segments. Its Automotive Parts segment involves in the manufacture and sale of transmission belt products for automobiles and motorcycles. Industrial Materials segment is engaged in the manufacture and sale of general industrial transmission belt products, other transmission products, carrying belt, transportation system products, and razor rolls. Its High Performance Elastomer Products segment is involved in the manufacture and sale of cleaning blade, high function roller and precision belt, among others. In addition, it is also engaged in the robot related business, import and export business, real estate business, insurance agency business and photovoltaic power generation business, among others.
BANDO CHEMICAL INDUSTRIES, LTD. 
