Tranche Update on CTS Co., Ltd.'s Equity Buyback Plan announced on June 14, 2024.
June 17, 2024 at 06:30 am IST
Share
From June 14, 2024 to June 17, 2024, the company has repurchased 426,000 shares, representing 1.01% for ¥338.24 million. With this, the company has completed the repurchase of 426,000 shares, representing 1.01% for ¥338.24 million under the buyback announced on June 14, 2024.
CTS Co., Ltd. is a Japan-based construction information and communication technology (ICT) company mainly engaged in the system and survey measurement business. The Company operates through three business segments. The System segment is engaged in the rental and sale of a complete set of information technology (IT) infrastructure such as fixed Internet protocol (IP) telephone service, line service, information sharing system, data backup service, network camera, cloud service and system equipment. The Surveying and Measurement segment is engaged in the rent and sale of i-Construction related systems such as one-man surveying systems, rolling control systems, three dimensions (3D) scanners, 3D measurement and data creation agency. The House Fixtures segment is engaged in the rent and sale of unit houses and fixtures. It is also engaged in the sale of road signs and their construction, and safety equipment.