Tranche Update on Cosel Co., Ltd.'s Equity Buyback Plan announced on June 24, 2021.
June 24, 2021 at 09:00 pm EDT
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From June 24, 2021 to June 25, 2021, the company has repurchased 600,000 shares, representing 1.73% for ¥672 million. With this, the company has completed the repurchase of 600,000 shares, representing 1.73% for ¥672 million under the buyback announced on June 24, 2021.
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.