Tranche Update on Cosel Co., Ltd.'s Equity Buyback Plan announced on June 19, 2019.
August 02, 2019 at 11:30 am IST
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From June 19, 2019 to July 31, 2019, the company has repurchased 887,200 shares, representing 2.5% for ¥999.99 million. With this, the company has completed the repurchase of 887,200 shares, representing 2.5% for ¥999.99 million under the buyback announced on June 19, 2019.
COSEL CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of direct current (DC) stabilizing power supplies. The Company operates in five business segments. The Japan Production and Sales segment is engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter, as well as manufacture of parts (transformers) used for power supplies. The North America Sales segment and Asia Sales segment are engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter. The Europe Sales segment is engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter, as well as own products. The China Production and Sales segment is engaged in manufacture of unit power supply and exports unit power supplies produced in China to sales companies.