Tranche Update on Almado, Inc.'s Equity Buyback Plan announced on February 14, 2024.
April 01, 2024 at 11:30 am IST
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From February 14, 2024 to March 29, 2024, the company has repurchased 146,500 shares, representing 1.53% for ¥245.55 million. With this, the company has completed the repurchase of 146,500 shares, representing 1.53% for ¥245.55 million under the buyback announced on February 14, 2024.
Almado Inc manufactures and sells food and cosmetics using eggshell membrane materials. All food and cosmetics production are outsourced. The Company operates the Eggshell Membrane Healthcare business segment. Sales channels include television (TV) shopping sales, external indirect sales and in-house direct sales. In TV shopping sales, the Company introduces eggshell membrane foods and eggshell membrane cosmetics through QVC TV shopping, a TV shopping specialty channel. The main products are the Ode series of cosmetics and TO-II of food. External indirect sales include sales of original equipment manufacturing (OEM) products and wholesale sales. In-house direct sales receive orders directly from end consumers through their own e-commerce sites and other companies' e-commerce sites. Major products include the CELLULA series of cosmetics.
ALMADO, INC. 