Tranche Update on Kyokuto Boeki Kaisha, Ltd.'s Equity Buyback Plan announced on February 9, 2018.
February 12, 2018 at 08:30 pm EST
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From February 9, 2018 to February 13, 2018, the company has repurchased 484,000 shares, representing 1.5% for ¥229.9 million. With this, the company has completed the repurchase of 484,000 shares, representing 1.5% for ¥229.9 million under the buyback announced on February 9, 2018.
Kyokuto Boeki Kaisha, Ltd. is a Japan-based company engaged in the trading business. The Basic Industry Related division provides machinery and equipment for steel, nonferrous metals, automobile, chemicals, shipbuilding and plant engineering industries, electrical machinery, oil drilling related equipment and resources development equipment. The Electronics and Control System Related division offers electronic components and equipment, software, instrumentation and control systems, image processors, ground support electronic equipment and navigation equipment, as well as automatic control devices for thermal power stations. The Industrial Materials division provides combined material manufacturing machinery, as well as machines for textile processing, meat processing, resin finishing, coating, measurement and analysis, among others. As of March 31, 2014, the Company had 11 subsidiaries and eight associated companies.