KIMURA KOHKI Co.,Ltd. announces an Equity Buyback for 80,000 shares, representing 2.18% for ¥124 million.
August 10, 2022 at 03:30 am EDT
Share
KIMURA KOHKI Co.,Ltd. (TSE:6231) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 2.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥124 million. The purpose of the program is to implement a flexible capital policy according to the business environment.
The program will expire on January 31, 2023. As of July 31, 2022, the company had 3,667,375 issued shares (excluding treasury stock) and 181,625 treasury shares.
KIMURA KOHKI CO.,LTD is engaged in the manufacture and sale of air conditioning equipment and other related works. The Company operates the development, manufacturing and sales of air conditioning system equipment business. The main products are air handling units, fan coil units, and factory zone air conditioners. The air handling unit is a device that separately provides a heat source device necessary for cooling and heating, and cools and heats air using water and a refrigerant gas as a heat medium. The fan coil unit is a device provided with a separate heat source device necessary for cooling and heating, and performs cooling and heating using cold water, hot water, steam and others. The factory zone air conditioner is a device for air conditioning a relatively large space such as a factory or a hall.
KIMURA KOHKI CO.,LTD. 
