Tranche Update on Tohbu Network Co., Ltd.'s Equity Buyback Plan announced on November 8, 2022.
November 08, 2022 at 08:15 pm EST
Share
From November 8, 2022 to November 9, 2022, the company has repurchased 50,000 shares, representing 0.93% for ¥39.5 million. With this, the company has completed the repurchase of 50,000 shares, representing 0.93% for ¥39.5 million under the buyback announced on November 8, 2022.
TOHBU NETWORK CO.,LTD. is a Japan-based company mainly engaged in freight truck transport, merchandise sale, real estate leasing and other businesses. The Company operates through four business segments. The Lorry Transportation segment is engaged in the development of transportation network from the Tohoku region to the Kinki region, as well as the provision of transportation services for various products. In addition, the Company provides bulk ordering services such as cargo storage operations and distribution center operations according to customer demand. The Merchandise Sale segment is mainly engaged in the sale and leasing of petroleum products, cement and vehicles. The Real Estate Leasing segment provides various rental commercial facilities such as rental office buildings and distribution centers. The Other segment is involved in car maintenance, dispatching and non-life insurance agency business.
TOHBU NETWORK CO., LTD. 