Kanda Tsushinki Co., Ltd. announces an Increase in Equity Buyback.
November 07, 2021
Share
On November 8, 2021, the company announced an increase in its equity buyback plan. The company increased its authority by 25,000 shares thereby bringing the total authorization to 75,000 shares, representing 3.08% of its issued share capital, for ¥80 million.
KANDA TSUSHINKI CO., LTD. is a Japan-based company mainly engaged in the information communication business. The Company has three business segments. The Information and Communications segment is engaged in the sale of telephone switching equipment, various network systems, information equipment and software, the planning, construction and support of information systems, as well as the sale, design, construction and maintenance of wireless-related equipment, closed-circuit television (CCTV), broadcasting and other electronic equipment, and the design and maintenance of telecommunications equipment. The Lighting Control segment is engaged in the planning, proposal, construction and support of lighting control equipment, as well as the provision of solutions tailored to society through taking advantage of the position as SIer of the international standard digital addressable lighting interface (DALI) control. The Real Estate segment is engaged in the leasing of owned real estate.