Tranche Update on Nippon Signal Co., Ltd.'s Equity Buyback Plan announced on December 20, 2016.
January 06, 2017 at 11:30 am IST
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From December 20, 2016 to December 31, 2016, the company has repurchased 72,100 shares, representing 0.11% for ¥72.98 million. With this, the company has completed the repurchase of 72,100 shares, representing 0.11% for ¥72.98 million under the buyback announced on December 20, 2016.
Nippon Signal Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of railway signals, smart roads, automatic toll collection (AFC), smart parks and other business activities. The Company operates through two business segments. The Transport Infrastructure segment is mainly engaged in the manufacture, sale and maintenance of railway signal security equipment and road traffic safety systems. The Information and Communication Technology (ICT) Solution segment is mainly engaged in the manufacture, sale and maintenance of AFC equipment and parking equipment. Through its subsidiaries, the segment is also involved in the maintenance, design and sale of electrical products, the development of software, the provision of non-life insurance agency services, the editing of technological information, as well as the maintenance and construction of train station equipment, among others.