Tranche Update on Daiwa Motor Transportation Co., Ltd.'s Equity Buyback Plan announced on May 16, 2016.
May 16, 2016 at 10:54 pm EDT
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From May 16, 2016 to May 17, 2016, the company has repurchased 300,000 shares, representing 3.01% for ¥172.8 million. With this, the company has completed the repurchase of 300,000 shares, representing 3.01% for ¥172.8 million under the buyback announced on May 16, 2016.
Daiwa Motor Transportation Co., Ltd. is a Japan-based company principally engaged in passenger car transportation business, real estate business, as well as fuel and materials sale business. The Company also develops business activities, such as the sale of automobile meter devices related to each business, as well as the manufacture and sale of metal products. The Company operates in three business segments. Passenger Car Transportation segment is involved in hired car business, operation management business and taxi business. Real Estate segment is involved in the provision of leasing, trading, brokerage, management and cleaning services. Sale segment is involved in the sale of fuel and materials, the manufacture and sale of metal products, as well as the sale and repair of automobile meters.