Tranche Update on Nihon Denkei Co.,Ltd.'s Equity Buyback Plan announced on November 9, 2023.
April 01, 2024 at 02:30 am EDT
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From January 1, 2024 to March 31, 2024, the company has repurchased 110,500 shares, representing 0.96% for ¥241.11 million. With this, the company has completed the repurchase of 150,300 shares, representing 1.3% for ¥314.77 million under the buyback announced on November 9, 2023.
NIHON DENKEI CO.,LTD. is a Japan-based company mainly engaged in the sale, repair and calibration of electronic measuring instruments. The Company operates in three regional segments including Japan, China and Others. The Company is mainly engaged in the sale and manufacture of electronic measuring instruments, various system equipment, electronic components, as well as leasing and rental business. The business items include electronic measuring instruments, measuring instruments for communication, computers and peripherals, automatic and labor-saving equipment, measuring instruments for physics and chemistry, industrial application equipment, measuring instruments for production processes, environmental testing instruments, optical measuring instruments, and educational experiments, electronic parts, mechanical parts, measuring instrument leasing and rental services, curio dealers, building construction, jumping and construction business.