Tranche Update on Nikko Co., Ltd.'s Equity Buyback Plan announced on May 22, 2020.
September 17, 2020 at 09:00 pm
Share
From July 1, 2020 to September 17, 2020, the company has repurchased 441,100 shares, representing 1.14% for ¥284.77 million. With this, the company has completed the repurchase of 616,700 shares, representing 1.6% for ¥399.96 million under the buyback announced on May 22, 2020.
NIKKO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of asphalt plants, concrete plants, as well as environment and transport machinery. The Company operates in three business segments. Asphalt Plant-Related Business segment produces asphalt plants, recycling plants, as well as compound silos, among others. Concrete Plant-Related Business segment produces concrete plants, concrete pumps, as well as factory equipment for concrete product production, among others. Environment and Transportation Related Businesses segment produces environment and recycling plants, conveyor systems. The Company is also involved in the manufacture of pipe frame scaffolds, steel road boards, pipe supports, small concrete mixers, mortar mixers, sluice gates, crushers, among others, as well as the sale of real estate leasing and home renovation.