Tranche Update on Aichi Electric Co., Ltd.'s Equity Buyback Plan announced on October 31, 2016.
November 01, 2016
Share
From October 31, 2016 to October 31, 2016, the company has repurchased 213 shares, representing 0.000246% for ¥0.41 million. With this, the company has completed the repurchase of 213 shares, representing 0.000246% for ¥0.41 million under the buyback announced on October 31, 2016.
AICHI ELECTRIC CO., LTD. is a Japan-based company principally engaged in the manufacture of electrical equipment such as power transformers. The Company operates its business through two business segments. The Power Equipment segment manufactures and sells transformers and control equipment, and it also undertakes power equipment construction, including construction related to power generation, transformation, transmission and communication. The Rotating Machinery segment manufactures and sells small motors (such as hermetic motors), actuators, shutter switches, and printed wiring boards. The Company is also involved in security services and insurance services.