Tranche Update on Lobtex Co., Ltd.'s Equity Buyback Plan announced on August 8, 2017.
August 09, 2017 at 06:30 am IST
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From August 8, 2017 to August 9, 2017, the company has repurchased 39,000 shares, representing 0.42% for ¥8.78 million. With this, the company has completed the repurchase of 39,000 shares, representing 0.42% for ¥8.78 million under the buyback announced on August 8, 2017.
LOBTEX CO., LTD. is a Japan-based company mainly engaged in the metal products business and leisure business. The Company operates through two business segments. The Metal Products segment manufactures and sells work tools, fastening tools, industrial fasteners, electrical installation tools, cutting tools and others. The Leisure segment is involved in the leasing and operation of golf driving range. The Companyâs main products include strippers, hand punchers, wrenches, pliers, horsaws, tiles and others.