Tranche Update on Narasaki Sangyo Co., Ltd.'s Equity Buyback Plan announced on June 18, 2020.
June 18, 2020 at 08:40 pm EDT
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From June 18, 2020 to June 19, 2020, the company has repurchased 299,200 shares, representing 5.63% for ¥563.09 million. With this, the company has completed the repurchase of 299,200 shares, representing 5.63% for ¥563.09 million under the buyback announced on June 18, 2020.
NARASAKI SANGYO CO., LTD. is a Japan-based company mainly engaged in the sale of electric appliances, materials and fuel. The Company has five business segments. The Electric Appliances Related segment is engaged in the sale of motors, control equipment, heavy electrical equipment, refrigeration equipment, precision processing equipment and others. The Machinery-related segment is engaged in the sale of food manufacturing equipment, laborsaving logistics equipment, grain storage equipment and others. The Material and Fuel-related segment is engaged in the sale of cements, concretes, concrete piles, autoclaved lightweight concrete (ALC) plates, petroleum, gas, asphalts and others. The Marine Transportation-related segment is engaged in the provision of marine transportation, customs, harbor operation, trucking, warehousing and other services. The Construction machinery-related segment is engaged in the sale of concrete pump trucks, rotary snow plows and road cutting pavement equipment.