Tranche Update on Placo Co., Ltd.'s Equity Buyback Plan announced on August 23, 2021.
April 05, 2022 at 04:00 am EDT
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From January 1, 2022 to March 31, 2022, the company has repurchased 72,700 shares, representing 0.86% for ¥21.45 million. With this, the company has completed the repurchase of 144,600 shares, representing 1.99% for ¥50.62 million under the buyback announced on August 23, 2021.
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. 
