Tranche Update on Maxell, Ltd.'s Equity Buyback Plan announced on May 13, 2022.
March 13, 2023 at 02:00 am EDT
Share
From January 1, 2023 to March 10, 2023, the company has repurchased 440,500 shares, representing 0.95% for ¥630.31 million. With this, the company has completed the repurchase of 3,645,700 shares, representing 7.58% for ¥4,999.94 million under the buyback announced on May 13, 2022.
Maxell Ltd, formerly Maxell Holdings Ltd, is mainly engaged in the manufacturing and sales of energy, industrial materials and electric appliances and consumer products. The Company mainly operates through three business segments. The Energy segment manufactures and sells secondary batteries, such as coin type lithium secondary batteries, industrial lithium ion batteries and electrodes, and consumer lithium ion batteries, primary batteries such as lithium primary batteries and button batteries, and charger and battery packs. The Industrial Materials segment manufactures and sells optical components, functional materials, electroforming and precision parts, semiconductor-related embedded systems, mold and synthetic resin molded parts, adhesive tapes, radio-frequency identification (RFID) systems and Integrated Circuit (IC) cards, industrial rubber products and others. The Electric Appliance and Consumer segment manufactures and sells projectors, small electric equipments and others.
MAXELL, LTD. 
