Tranche Update on Nadex Co., Ltd.'s Equity Buyback Plan announced on June 9, 2023.
January 19, 2024 at 02:30 am EST
Share
From November 1, 2023 to January 18, 2024, the company has repurchased 220,800 shares, representing 2.42% for ¥241.78 million. With this, the company has completed the repurchase of 542,600 shares, representing 5.89% for ¥599.9 million under the buyback announced on June 9, 2023.
NADEX CO., LTD. is a Japan-based company mainly engaged in manufacturing and sales of electronics components, sales of industrial machinery, factory automation (FA) system business and welding solution business of resistance welding equipment. The Company operates in four segments: Japan segment, the Americas segment, China segment and Thai segment. The Companyâs welding equipment & materials business includes resistance welding, arc welding, laser and industrial robots, etc. The factory automation business includes automatic and labor-saving car parts manufacturing facilities, electronic devices, manufacturing facilities, inspection and meters. The electronic control equipment business includes electronics, control components and equipment, power supply modules. The information technology (IT) solutions include manufacturing execution system (MES) solutions, equipment management solutions, energy management solutions and image inspection solutions, etc.
NADEX CO., LTD. 
