Tranche Update on Kawada Technologies, Inc.'s Equity Buyback Plan announced on May 12, 2023.
September 19, 2023 at 03:00 am EDT
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From July 1, 2023 to September 15, 2023, the company has repurchased 172,500 shares, representing 2.93% for ¥999.75 million. With this, the company has completed the repurchase of 172,500 shares, representing 2.93% for ¥999.75 million under the buyback announced on May 12, 2023.
KAWADA TECHNOLOGIES, INC. is a company engaged in the construction-related business. The Company operates in four business segments. The Steel Structure segment designs, manufactures and builds steel bridges and constructional steel frames. The Civil Engineering and Construction segment is involved in the design, manufacture and building of pre-stressed concrete (PC) bridges and pre-beam bridges, as well as the maintenance of bridges. The Construction segment is engaged in the design and subcontract of construction works. The Others segment is involved in the development, manufacture and sale of next-generation industrial robots, development and sale of software, the sale of system equipment, the architectural analysis, design and drawing of bridges, the sale of bridge accessories, the aircraft business, as well as the subcontract, planning, design, supervision and consulting of construction works.