Tranche Update on Shinko Shoji Co., Ltd.'s Equity Buyback Plan announced on July 31, 2017.
January 05, 2018 at 06:30 am IST
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From October 1, 2017 to December 31, 2017, the company has repurchased 645,100 shares, representing 2.95% for ¥1,312.19 million. With this, the company has completed the repurchase of 1,128,500 shares, representing 5.11% for ¥2,201.3 million under the buyback announced on July 31, 2017.
Shinko Shoji Co., Ltd. is principally engaged in the sale, import and export of electronic components and assembly products. The Company operates in three business segments. The Electronic Components segment offers integrated circuits, semiconductor devices, circuit components, liquid crystal displays (LCDs), and other electronic components. The main products include microcomputers, system large-scale integrated circuits, memories, semiconductors, capacitors, ferrite cores, color LCDs and general electronic components. The Assembly segment offers assembly products. The Others segment is engaged in the sale of electronic equipment and contract development of microcomputer software. The main products include workstation server and computer peripherals.