Tranche Update on Traders Holdings Co.,Ltd.'s Equity Buyback Plan announced on August 10, 2022.
September 20, 2022 at 02:10 am EDT
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From August 10, 2022 to September 16, 2022, the company has repurchased 792,700 shares, representing 2.72% for ¥300 million. With this, the company has completed the repurchase of 792,700 shares, representing 2.72% for ¥300 million under the buyback announced on August 10, 2022.
TRADERS HOLDINGS CO., LTD. is a holding company engaged in the provision of financial services. Through its subsidiaries, the Company operates in two business segments. The Securities Trading segment is engaged in the purchase, sale, brokerage and intermediary of securities of listed companies, as well as the purchase of bonds. The Foreign Exchange Trading segment is engaged in the provision of foreign currency-based financial derivative products, as well as the trading of foreign exchange margins and options. This segment provides an around-the-clock trading environment for its clients. This segment is also engaged in the management of assets that are used for the trading of foreign exchange margin and options. In addition, the Company also engages in biomass power generation facilities business and others.