Tranche Update on DKK Co., Ltd.'s Equity Buyback Plan announced on February 10, 2022.
July 30, 2022 at 10:00 pm
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From April 1, 2022 to June 30, 2022, the company has repurchased 355,200 shares, representing 3.05% for ¥875.94 million. With this, the company has completed the repurchase of 494,500 shares, representing 4.23% for ¥1,204.75 million under the buyback announced on February 10, 2022.
DKK Co Ltd, formerly Denki Kogyo Co Ltd is a company mainly engaged in the electric communication- and high frequency-related business. The Company operates in two business segments. The Electric Communication segment is engaged in the manufacture, construction and sale of various antennas, reflector plates, steel towers and steel structures, plating processing of various telecommunications equipment and steel frames, as well as construction of electric communication facilities. The High Frequency-related segment is engaged in the manufacture and sale of high frequency induction heating equipment, various high-frequency power supplies for plasma, as well as processing of High-frequency heat treatment. The Company is also involved in the equipment lending business and solar power distribution business.