Tranche Update on Kowa Co.,Ltd.'s Equity Buyback Plan announced on October 13, 2023.
October 16, 2023 at 06:30 am IST
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From October 13, 2023 to October 16, 2023, the company has repurchased 502,100 shares, representing 10.54% for ¥672.81 million. With this, the company has completed the repurchase of 502,100 shares, representing 10.54% for ¥672.81 million under the buyback announced on October 13, 2023.
Kowa Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of long-term care products and welfare equipment, the provision of long-term care services, and the sale of long-term care products and welfare equipment via the Internet. The Company operates through three segments. The main products of the Long-term Care Products and Welfare Equipment Manufacturing and Sales segment are welfare equipment such as silver cars, walking cars and canes for the purpose of walking assistance. The Long-term Care Service segment is engaged in the rental of long-term care products and welfare equipment. The Electronic Commerce (EC) segment sells nursing care products and welfare equipment such as wheelchairs, silver cars, and walking vehicles by mail order via the Internet.