Tranche Update on Yuken Kogyo Co., Ltd.'s Equity Buyback Plan announced on February 9, 2018.
February 12, 2018 at 08:00 pm
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From February 9, 2018 to February 13, 2018, the company has repurchased 64,900 shares, representing 1.55% for ¥177.37 million. With this, the company has completed the repurchase of 64,900 shares, representing 1.55% for ¥177.37 million under the buyback announced on February 9, 2018.
YUKEN KOGYO CO., LTD. is a company mainly engaged in the manufacture and sale of hydraulic, system products and environment equipment. The Company operates in three business segments. The Japan segment, Asia segment and Europe segment are engaged in the manufacture and sale of hydraulic equipment, including hydraulic products, system products and environment equipment. The hydraulic products division is engaged in the manufacture and sale of oil pumps and motors, pressure-control valves, flow-control valves, directional-control valves and various hydraulic control equipment. The system products division is engaged in the manufacture, sale and maintenance of hydraulic systems for industrial machinery, standard hydraulic units and hydraulic cylinders. The environment equipment division is engaged in the manufacture and sale of automatic cutting compression machines, automatic polyethylene terephthalate (PET) bottles volume reduction machines, as well as automatic multi-compactors.