Nagano Keiki Co., Ltd. announces an Equity Buyback for 230,000 shares, representing 1.19% for ¥219.88 million.
February 10, 2021 at 02:40 am EST
Share
Nagano Keiki Co., Ltd. (TSE:7715) announces a share repurchase program. Under the program, the company will repurchase up to 230,000 shares, representing 1.19% for ¥219.88 million. The shares will be repurchased at a price of ¥956 per share. The purpose of the program is to enable flexible execution of capital policies in response to changes in the business environment. The program is valid till February 12, 2021. As of December 31, 2020, the company has 19,250,349 shares (excluding treasury stock) issued and 182,635 shares in treasury.
NAGANO KEIKI CO.,LTD. is a Japan-based company mainly engaged in manufacturing and sales of pressure gauges, pressure sensors, measurement control equipment, die-cast products and other related products. The Company operates in four segments. The Pressure Gauges segment is engaged in the manufacturing and sales of pressure gauges, pressure switches, temperature gauges, etc. The Pressure Sensors segment is engaged in the manufacturing and sales of pressure sensors. The Measurement Control Equipment segment is engaged in the manufacturing and sales of air pressure equipment, air leak testers, pressure testers, flow and heat meters and other application development products etc. The Die-cast Products segment is engaged in the manufacturing and sales of die-cast products. Other business involves in the leasing of real estates, the manufacturing and sales of precision components and automotive electrical components.
NAGANO KEIKI CO., LTD. 
