Tranche Update on Marumae Co.,Ltd.'s Equity Buyback Plan announced on March 6, 2020.
April 14, 2020 at 02:00 am EDT
Share
From March 6, 2020 to April 10, 2020, the company has repurchased 250,000 shares, representing 1.92% for ¥161.82 million. With this, the company has completed the repurchase of 250,000 shares, representing 1.92% for ¥161.82 million under the buyback announced on March 6, 2020.
Marumae Co.,Ltd. is a Japan-based company mainly engaged in the precision cutting works. The Company is engaged in the manufacture of vacuum chambers and electrodes used in flat panel display (FPD) manufacturing equipment and semiconductor manufacturing equipment. The products include semiconductor manufacturing equipment related parts, FPD manufacturing equipment related parts, and other equipment parts. The semiconductor manufacturing equipment parts are vacuum parts for semiconductor manufacturing equipment and inspection equipment. The FPD manufacturing equipment parts are vacuum devices for manufacturing equipment apparatus and inspection apparatus used in liquid crystal and organic electro luminescence (EL). The other parts consist surface processing equipment for smart phone housing, solar cell manufacturing equipment parts, motorcycle racing parts, industrial equipment parts for camera and microscope, as well as parts for medical equipment.