Tranche Update on Teikoku Electric Mfg.Co.,Ltd.'s Equity Buyback Plan announced on March 8, 2021.
October 21, 2021 at 09:00 pm EDT
Share
From October 1, 2021 to October 20, 2021, the company has repurchased 59,500 shares, representing 0.31% for ?83.55 million. With this, the company has completed the repurchase of 607,700 shares, representing 3.11% for ?800 million under the buyback announced on March 8, 2021.
TEIKOKU ELECTRIC MFG. CO., LTD. is a Japan-based manufacturer of pumps and electronic parts. The Company operates in two business segments. The Pumps segment manufactures and sells motor pumps for chemicals including chemical machine motor pumps, liquefied petroleum gas (LPG) machine motor pumps, cooling machine and air-conditioner motor pumps, as well as motor pumps for machines other than chemicals including semiconductor motor pumps and electricity-related machine motor pumps. The Electronic Parts segment is engaged in the manufacture and sale of automobile electronic components including control units and automobile electronics, as well as industrial machine circuit boards including sequencer circuit boards. The other business includes the provision of special equipment, health products and staffing services.
TEIKOKU ELECTRIC MFG.CO.,LTD. 
