Tranche Update on Press Kogyo Co., Ltd.'s Equity Buyback Plan announced on November 5, 2021.
January 17, 2022 at 11:30 am IST
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From January 1, 2022 to January 13, 2022, the company has repurchased 606,400 shares, representing 0.56% for ¥257.02 million. With this, the company has completed the repurchase of 2,994,700 shares, representing 2.76% for ¥1,199.96 million under the buyback announced on November 5, 2021.
PRESS KOGYO CO., LTD. is a Japan-based company primarily engaged in the manufacture of automotive parts and construction machinery. The Company operates in two business segments. The Automobile-related segment is involved in the manufacture and sale of automotive parts, automotive assembly and automobile molds. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery parts. The Company is also engaged in manufacture and sale of building-related parts and multi-story parking equipment. The main products include chassis frame, completed vehicle assembly, side cover, transmission cover, under cover, front bumper, front pillar inner, mold & automation equipment axle, motorcycle garage, cabin for construction machinery, and among others.