Tranche Update on CK SAN-ETSU Co., Ltd.'s Equity Buyback Plan announced on October 19, 2021.
May 18, 2022 at 02:00 am
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From April 1, 2022 to May 17, 2022, the company has repurchased 43,000 shares, representing 0.52% for ¥174.17 million. With this, the company has completed the repurchase of 250,000 shares, representing 2.99% for ¥934.22 million under the buyback announced on October 19, 2021.
CK SAN-ETSU Co.,Ltd. is mainly engaged in the manufacture and sale of copper products. The Company operates in three business segments. The Wrought Copper segment is engaged in the manufacture of brass rods, brass wires and brass tubes which are materials for parts related to housing, home appliances, and automobiles. Production sites are the Tonami and Takaoka plants, the New Nitto plant and the Sakai plant. The Precision Parts segment is engaged in the forging and cutting of brass camera mount and faucet fittings. The Piping and Gilt segment is engaged in the manufacture of fittings used for water and gas piping. Hot-dip galvanizing is performed as a rust prevention treatment for steel materials. The main products include brass rods, brass wires, brass tubes, camera mounts, flare nuts, zarbos, plumbing equipment, and hot dip galvanizing.