Tranche Update on Riken Vitamin Co., Ltd.'s Equity Buyback Plan announced on April 27, 2016.
June 01, 2016
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From April 27, 2016 to May 31, 2016, the company has repurchased 6,600,000 shares, representing 27.9% for ¥24,420 million. With this, the company has completed the repurchase of 6,600,000 shares, representing 27.9% for ¥24,420 million under the buyback announced on April 27, 2016.
RIKEN VITAMIN CO., LTD. is a Japan-based food processing company. The Company operates its business through three segments. The Domestic Food segment is primarily engaged in the manufacture and sale of household food products, commercial food products and raw materials for food processing, including seaweed products, dressings, food extracts and seasonings, food improving agents, vitamin and health food. The Domestic Chemicals and Others segment is mainly engaged in the manufacture and sale of chemical improving agents and animal feed additives. The Overseas segment is mainly engaged in the manufacture and sale of improving agents for food and chemical products, as well as processed marine products and frozen vegetables. The Company distributes its products in Japan, Southeast Asia, South Asia, the Middle East, Oceania, Europe, Africa, the North America, Latin America, China, Taiwan and South Korea, among others.