Tranche Update on Trinity Industrial Corporation's Equity Buyback Plan announced on November 29, 2017.
November 29, 2017 at 07:30 pm
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From November 29, 2017 to November 30, 2017, the company has repurchased 1,800,000 shares, representing 9.89% for ¥1,602 million. With this, the company has completed the repurchase of 1,800,000 shares, representing 9.89% for ¥1,602 million under the buyback announced on November 29, 2017.
TRINITY INDUSTRIAL CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of equipment and automobile components. The Company has two business segments. The Equipment segment is engaged in the design, manufacture and sale of coating plant equipment such as pre-treatment systems, electrolytic coating systems, painting booths, drying ovens, air ventilation devices, exhaust-gas treatment equipment and conveyers, coating equipment such as electrostatic equipment, automatic coating systems, coating supply systems, automatic paint recoloring equipment and others, as well as industrial machines such as heat treating furnaces, autoclaves, electrostatic oiling machines, coating dryers, washers, leak testers, ultra filter (UF) and reverse osmosis (RO) equipment. The Automobile Components segment is engaged in the manufacture and sale of automotive interior and exterior products such as steering handles, door switch bases, center clusters and side mudguards.