Tranche Update on J-MAX Co.,Ltd.'s Equity Buyback Plan announced on May 9, 2023.
May 10, 2023 at 06:30 am IST
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From May 9, 2023 to May 10, 2023, the company has repurchased 290,000 shares, representing 2.47% for ¥220.98 million. With this, the company has completed the repurchase of 290,000 shares, representing 2.47% for ¥220.98 million under the buyback announced on May 9, 2023.
J-Max Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of body stampings and molds for automobiles. The Company operates in four segments. The Marujun segment, Thailand segment, Guangzhou segment and Wuhan segment are engaged in the manufacture and sale of body stampings and precision stampings for automobiles, stamping molds, welding jigs, inspection tools and other equipment in Japan, Thailand and Guangzhou and Wuhan of China. The main products include automobile body stampings such as front pillars, side sills, center pillar inner products, bumpers, hybrid car parts, hood hinges and steering hanger beams, precision parts such as clutch drums, clutch pistons, planetary carriers, belt pulleys and stator holders, various molds, jigs and inspection tools such as front door inner products single and composite inspection tools and others.