Tranche Update on Toyobo Co., Ltd.'s Equity Buyback Plan announced on February 8, 2023.
April 07, 2023 at 12:00 am EDT
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From February 8, 2023 to March 31, 2023, the company has repurchased 653,900 shares, representing 0.73% for ¥681.97 million. With this, the company has completed the repurchase of 653,900 shares, representing 0.73% for ¥681.97 million under the buyback announced on February 8, 2023.
Toyobo Co Ltd is a Japan-based company mainly engaged in the film and functional resin business, industrial material business, and textile and commerce business. It has five business segments. Film and Functional Resin segment manufactures, processes and sells packaging films, industrial films, industrial adhesives, engineering plastics and optical functional materials. Industrial Materials segment manufactures, processes and sells automotive fiber materials, super fibers, non-woven fabrics. Textile and Trading segment manufactures and sells functional clothing, apparel products, clothing textiles, and clothing fibers. Healthcare segment manufactures, processes and sells bio products, pharmaceuticals, medical membranes, medical devices, aqua membranes, and functional filters. It is also engaged in the assembly and sale of seawater desalination modules. The Real Estate segment sells, rents and manages movables. It also designs and constructs buildings and machinery and sells equipment.