Tranche Update on Riken Vitamin Co., Ltd.'s Equity Buyback Plan announced on February 28, 2024.
February 28, 2024 at 08:10 pm EST
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From February 28, 2024 to February 29, 2024, the company has repurchased 2,473,900 shares, representing 7.54% for ¥6,360.4 million. With this, the company has completed the repurchase of 2,473,900 shares, representing 7.54% for ¥6,360.4 million under the buyback announced on February 28, 2024.
RIKEN VITAMIN CO., LTD. is a Japan-based food processing company. The Company operates its business through three segments. The Domestic Food segment is primarily engaged in the manufacture and sale of household food products, commercial food products and raw materials for food processing, including seaweed products, dressings, food extracts and seasonings, food improving agents, vitamin and health food. The Domestic Chemicals and Others segment is mainly engaged in the manufacture and sale of chemical improving agents and animal feed additives. The Overseas segment is mainly engaged in the manufacture and sale of improving agents for food and chemical products, as well as processed marine products and frozen vegetables. The Company distributes its products in Japan, Southeast Asia, South Asia, the Middle East, Oceania, Europe, Africa, the North America, Latin America, China, Taiwan and South Korea, among others.