Tranche Update on Capstone Companies, Inc.'s Equity Buyback Plan announced on August 29, 2016.
May 16, 2022 at 01:55 pm EDT
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From January 1, 2022 to March 31, 2022, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 750,000 shares, for $0.11 million under the buyback announced on August 29, 2016.
Capstone Companies, Inc. is a holding company. The Company, through its wholly owned subsidiaries, Capstone Industries, Inc., Capstone Lighting Technologies, LLC, and Capstone International HK, Ltd., is engaged in the development, manufacturing and marketing of consumer products to retail channels throughout North America and certain international markets. It is engaged in developing, marketing and selling consumer electronic products through national and regional retailers. The Companyâs product line includes Connected Surfaces - Smart Mirrors, Standard Rectangular and Wardrobe/Fitness Mirror. The Capstone Connected Smart Mirror offers various functions similarly to a tablet and smartphone with both, touchscreen and voice interfacing, Internet access and an operating system capable of running downloadable applications. Its products are distributed globally, including consumer markets in Australia, Japan, Korea, North America, South America, and the United Kingdom.