Tranche Update on Aichi Tokei Denki Co., Ltd.'s Equity Buyback Plan announced on May 11, 2020.
August 11, 2020 at 09:00 pm
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From July 1, 2020 to August 11, 2020, the company has repurchased 17,900 shares, representing 0.35% for ¥80.47 million. With this, the company has completed the repurchase of 60,000 shares, representing 1.17% for ¥263.82 million under the buyback announced on May 11, 2020.
Aichi Tokei Denki Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of measuring equipment and other special equipment. The Measuring Instrument segment carries four types of products: gas-related equipment, which include utility gas meters, liquefied petroleum (LP) gas meters, industrial meters, pressure equipment, gas meter systems and others; water work-related equipment, including various water supply meters, industrial water meters and sewage meters, bill management systems, emergency report systems for elderly housing and others; civil sensors and systems, including flow instrument and flow sensors, as well as instrumentation which include measuring, monitoring and control systems. The other businesses include the manufacture and sale of special equipment, such as precision molds.