Tranche Update on Fukoku Co.,Ltd.'s Equity Buyback Plan announced on October 29, 2021.
November 31, 2021 at 09:00 pm
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From October 29, 2021 to November 1, 2021, the company has repurchased 500,000 shares, representing 3.01% for ¥494.5 million. With this, the company has completed the repurchase of 500,000 shares, representing 3.01% for ¥494.5 million under the buyback announced on October 29, 2021.
Fukoku Co., Ltd. operates in five business segments, including Functional Products, Anti-vibration, Medal Processing, Hoses and New business. The Functional Products segment manufactures and sells seal components and wiper blade rubber products. The Anti-vibration segment manufactures and sells dampers and mounts. The Medal Processing segment is engaged in the manufacture and sale of medal components for truck and construction machinery use. The Hoses segment is involved in the manufacture and sale of rubber products, such as hoses. The New segment manufactures and sells office automation, medical care, motors and urethane products.