Tranche Update on Yuken Kogyo Co., Ltd.'s Equity Buyback Plan announced on May 12, 2023.
November 31, 2023 at 11:00 pm
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From October 1, 2023 to October 31, 2023, the company has repurchased 25,300 shares, representing 0.63% for ¥56.7 million. With this, the company has completed the repurchase of 141,500 shares, representing 3.52% for ¥299.89 million under the buyback announced on May 12, 2023.
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.