Tranche Update on Placo Co., Ltd.'s Equity Buyback Plan announced on April 27, 2020.
July 12, 2020 at 08:30 pm EDT
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From July 1, 2020 to July 9, 2020, the company has repurchased 19,200 shares, representing 0.71% for ¥28.32 million. With this, the company has completed the repurchase of 76,000 shares, representing 2.82% for ¥80 million under the buyback announced on April 27, 2020.
PLACO CO., LTD. is primarily engaged in manufacture and sale of inflation molding equipment, blow molding equipment and recycling equipment. The inflation molding equipment business manufactures and sells inflation molding equipment for use in the molding of film products such as shopping bags, garbage bags, agricultural polyethylene films, wrap materials, multilayer films and functional films. The blow molding equipment business manufactures and sells blow molding equipment for use in the molding of hollow products such as automobile parts, industrial parts and daily sundry articles. The recycling equipment business manufactures and sells recycling equipment such as crushers, reproduction machines and re-molding machines. The maintenance business provides maintenance and parts.
PLACO CO., LTD. 
