Tranche Update on Sanso Electric Co.,Ltd.'s Equity Buyback Plan announced on February 13, 2019.
February 13, 2019 at 07:30 pm EST
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From February 13, 2019 to February 14, 2019, the company has repurchased 35,000 shares, representing 0.78% for ¥35.7 million. With this, the company has completed the repurchase of 35,000 shares, representing 0.78% for ¥35.7 million under the buyback announced on February 13, 2019.
SANSO ELECTRIC CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of motors, pumps, and motor related products and parts. The Company is also engaged in the pressing and cutting of parts used in motors and pumps, and the manufacture of motor stators. The main products are motors, magnet pumps, line pumps, circulation pumps, household pumps, and special purpose pumps such as electrolyzed water pressure automatic pumps and antifreeze liquid pressure pumps. The motors are applied to fans, variable speed reducers, and pumps. It is also engaged in the provision of maintenance, research, development and other services associated with products and parts. The Company sells products to Japan and China.