C.Uyemura & Co.,Ltd. announces an Increase in Equity Buyback.
May 12, 2022
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On May 13, 2022, the company announced an increase in its equity buyback plan. The company increased its authority by 600,000 shares, for ¥3,000 million, thereby bringing the total authorization to 1,000,000 shares, representing 5.80% of its issued share capital, for ¥5,000 million. The company has also announced that it has extended its plan duration till November 30, 2022.
C.Uyemura & Co.,Ltd. is a Japan-based company principally engaged in the manufacture and sale of surface finishing materials and machinery. The Company operates in four business segments. The Surface Finishing Material segment provides plating solutions for aluminum magnetic discs, plating solutions for printed-circuit boards, industrial use chemical products and non-ferrous metals, among others. The Surface Finishing Machinery segment is engaged in the manufacture and sale of plating machinery for aluminum magnetic discs and printed-circuit boards. The Plating Processing segment is engaged in the process of plating work for plastics and printed circuit boards. The Real Estate Leasing segment is engaged in the leasing of office buildings and condominiums.