Tranche Update on Topy Industries, Limited's Equity Buyback Plan announced on June 7, 2022.
June 07, 2022 at 09:30 pm EDT
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From June 7, 2022 to June 8, 2022, the company has repurchased 160,000 shares, representing 0.7% for ¥226.24 million. With this, the company has completed the repurchase of 160,000 shares, representing 0.7% for ¥226.24 million under the buyback announced on June 7, 2022.
TOPY INDUSTRIES, LIMITED is an automobile and industrial machinery parts manufacturing company. The Company operates in three segments. The Steel segment is engaged in the manufacture of steel products by using electrical furnace, and the production and sale of rolled steel products including wide flange beams, standard shaped steel and deformed bars. The Automobile and Industrial Machinery Parts segment is engaged in the provision of automotive steel wheels, aluminum wheels, steel wheels for construction machinery, stamping products for automotive, industrial fasteners and industrial machine parts including undercarriage components of power shovels and bulldozers, and cutting edge of motor graders. The Power Generation segment is engaged in the power generation business and the wholesale of power. The Company is also engaged in the provision of sign systems, synthetic mica and crawler robots, civil engineer and construction business, the leasing of real estates and others.