Tranche Update on Toyobo Co., Ltd.'s Equity Buyback Plan announced on February 8, 2023.
April 19, 2023 at 12:00 am EDT
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From April 1, 2023 to April 18, 2023, the company has repurchased 311,300 shares, representing 0.35% for ¥318.03 million. With this, the company has completed the repurchase of 965,200 shares, representing 1.08% for ¥999.99 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.
TOYOBO CO., LTD. 
