Tranche Update on Kurimoto Ltd.'s Equity Buyback Plan announced on May 12, 2016.
June 22, 2016 at 01:44 pm IST
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From May 12, 2016 to June 22, 2016, the company has repurchased 4,000,000 shares, representing 3.1% for ¥699.8 million. With this, the company has completed the repurchase of 4,000,000 shares, representing 3.1% for ¥699.8 million under the buyback announced on May 12, 2016.
Kurimoto, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of products for pipe system business, mechanical system business and industrial construction materials business. The Company operates through three business segments. The Pipe System segment is involved in the production of ductile iron pipes and accessories, regulating valves, as well as the incidental work. The Machine System segment is involved in the production of various powder equipment, presses and other industrial machines, special cast iron and cast steel, as well as the incidental construction and plant engineering business. The Industrial Construction Materials segment is involved in the production of various types of ducts, polycon fiber reinforced plastic (FRP) pipes, various synthetic resin molded products, as well as the incidental construction business.
KURIMOTO,LTD. 
