Tranche Update on Seiren Co.,Ltd.'s Equity Buyback Plan announced on December 9, 2020.
December 09, 2020 at 09:00 pm EST
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From December 9, 2020 to December 10, 2020, the company has repurchased 1,916,900 shares, representing 3.45% for ¥2,999.95 million. With this, the company has completed the repurchase of 1,916,900 shares, representing 3.45% for ¥2,999.95 million under the buyback announced on December 9, 2020.
Seiren Co Ltd is mainly engaged in the vehicle materials, high fashion, electronics, environment and living materials, and medical businesses. The Company operates through five segments. The Vehicle Material segment manufactures and sells automotive sheet materials and airbags. The High Fashion segment offers various apparel textile products and synthetic fabrics. The Electronics segment manufactures and sells electromagnetic shielding materials, sells Viscotex systems, and manufactures and sells satellites and satellite parts. The Environment and Living Materials segment manufactures and sells construction materials, interior materials, health and nursing care products, and various living and living materials. The Medical segment manufactures and sells cosmetics and medical base materials. In addition, the Company is also engaged in software development and sales, insurance agency business, temporary staffing business, and real estate rental management business.