Tranche Update on Nakakita Seisakusho Co. Ltd.'s Equity Buyback Plan announced on March 15, 2016.
March 16, 2016
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From March 15, 2016 to March 16, 2016, the company has repurchased 361,000 shares, representing 1.92% for ¥191.33 million. With this, the company has completed the repurchase of 361,000 shares, representing 1.92% for ¥191.33 million under the buyback announced on March 15, 2016.
NAKAKITA SEISAKUSHO CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of automatic control valves, butterfly valves and remote controllers for ships and power plants. The Company offers three types of products: automatic control valves, which include auto actuated valves, servo actuated control valves, remote control valves, cylinder valves, safety valves, air purge-type automatic regulatory equipment, actuators, valves for nuclear plants, superheated steam pressure reducers and attemperators, other special automatic control valves and controlling equipment; butterfly valves, which include manual butterfly valves, remote control butterfly valves, and butterfly valves for low-temperature use, and remote controllers, which include cargo handling and ballast remote controllers and remote water level indication and warning equipment for ships.