Tranche Update on Cosel Co., Ltd.'s Equity Buyback Plan announced on December 19, 2022.
May 14, 2023 at 10:00 pm EDT
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From April 1, 2023 to May 12, 2023, the company has repurchased 135,800 shares, representing 0.41% for ¥146.69 million. With this, the company has completed the repurchase of 953,500 shares, representing 2.8% for ¥999.89 million under the buyback announced on December 19, 2022.
COSEL CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of direct current (DC) stabilizing power supplies. The Company operates in five business segments. The Japan Production and Sales segment is engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter, as well as manufacture of parts (transformers) used for power supplies. The North America Sales segment and Asia Sales segment are engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter. The Europe Sales segment is engaged in the manufacture and sale of unit power supply, on-board power supply and noise filter, as well as own products. The China Production and Sales segment is engaged in manufacture of unit power supply and exports unit power supplies produced in China to sales companies.