Tranche Update on Nippon Seiki Co., Ltd.'s Equity Buyback Plan announced on November 10, 2023.
June 05, 2024 at 11:30 am IST
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From April 1, 2024 to May 31, 2024, the company has repurchased 349,400 shares, representing 0.58% for ¥503.53 million. With this, the company has completed the repurchase of 1,110,800 shares, representing 1.85% for ¥1,499.9 million under the buyback announced on November 10, 2023.
NIPPON SEIKI CO., LTD. is a manufacturing company that operates in four business segments. The Automobile and General Instrument segment offers measuring gauges for four-wheel and two-wheel vehicles, head-up displays, general measuring gauges and various sensors. The Consumer Equipment segment offers operating panels for office automation (OA) and information equipment, controllers for air-conditioning and household equipment, assemblies for factory automation (FA) and amusement units, as well as high-density mounting boards. The Automobile Sales segment is engaged in the sale of new and secondhand automobiles, and the provision of car inspection and maintenance services. The Others segment is engaged in the transportation of cargoes, the development and sale of software, the entrusted accounting business, and the processing and sale of resin materials, the providing of displaying elements and modules for liquid crystal and organic electroluminescence (EL), among others.
NIPPON SEIKI CO., LTD. 
