Tranche Update on Tomita Co., Ltd.'s Equity Buyback Plan announced on November 14, 2019.
December 12, 2019 at 09:30 pm EST
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From November 14, 2019 to December 12, 2019, the company has repurchased 362,400 shares, representing 6.53% for ¥321.81 million. With this, the company has completed the repurchase of 362,400 shares, representing 6.53% for ¥321.81 million under the buyback announced on November 14, 2019.
TOMITA CO.,LTD. is a Japan-based company mainly engaged in the sale of machine tools. The Company operates through four geography segments, including Japan, North America, Europe, Asia. The main machine products are general-purpose lathes, drilling machines, boring machines, broaching machines, and electrical machines. Tool equipment products are mainly pneumatic equipment, hydraulic equipment, cutting tools, electrical equipment, measuring equipment, machine equipment. The Company is also engaged in the provision of information consulting, mail order services and insurance sale services.