Tranche Update on Moriroku Holdings Company, Ltd.'s Equity Buyback Plan announced on February 24, 2022.
October 06, 2022 at 09:00 pm EDT
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From July 1, 2022 to September 30, 2022, the company has repurchased 220,400 shares, representing 1.39% for ¥391.65 million. With this, the company has completed the repurchase of 484,000 shares, representing 3.03% for ¥869.22 million under the buyback announced on February 24, 2022.
Moriroku Co Ltd, formerly Moriroku Holdings Co Ltd, is a Japan-based company mainly engaged in the chemical business and resin processed products business. The Company operates through two segments. The Resin Processed Products business segment mainly manufactures and sells resin parts for automobiles. The main products include interior resin parts such as center panels, center consoles, and outlets, and exterior resin parts such as side sills, cowl tops, and tailgate spoilers. The Chemical business segment is primarily engaged in the sales, import and export of chemical products, and the manufacture and sale of synthetic resin processed products. This segment handles products in fields such as electrical and electronic materials, automotive materials, coatings, fine chemicals, household materials, and resin processed products.
MORIROKU HOLDINGS COMPANY, LTD. 
