Tranche Update on Yamato Kogyo Co., Ltd.'s Equity Buyback Plan announced on October 29, 2021.
December 01, 2021 at 01:00 am EST
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From October 29, 2021 to November 30, 2021, the company has repurchased 1,008,902 shares, representing 1.56% for ¥3,246.65 million. With this, the company has completed the repurchase of 1,008,902 shares, representing 1.56% for ¥3,246.65 million under the buyback announced on October 29, 2021.
YAMATO KOGYO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of shape steel. The Company operates through four geographic segments. The Steel (Japan) segment is engaged in the manufacture and sale of H-shape steel, channel steel, I-shape steel, steel sheet piles, elevator guide rails, shaped steel for shipbuilding and ship cans, among others. The Steel (South Korean) segment is engaged in the manufacture and sale of steel bars. The Steel (Thailand) segment is engaged in the manufacture and sale of H-shape steel, channel steel, I-shape steel and steel sheet piles. The Railway-related segment is engaged in process and sale of turnouts and crossings, extensible joints, new crossings, glued insulated rails, derailment prevention guards, tie plates and bolts. The Company is also involved in the transportation and real estate properties business, as well as the treatment of medical waste.