Tranche Update on TPR Co., Ltd.'s Equity Buyback Plan announced on May 13, 2022.
December 06, 2022 at 09:00 pm EST
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From October 1, 2022 to December 6, 2022, the company has repurchased 276,100 shares, representing 0.81% for ¥340.59 million. With this, the company has completed the repurchase of 800,000 shares, representing 2.33% for ¥995.4 million under the buyback announced on May 13, 2022.
TPR CO.,LTD. is a Japan-based company engaged in the manufacture and sale of piston rings, cylinder liners, valve seats, automotive exterior parts, automotive products, automotive inspection and aluminum products, among others. The Company is consisted of TPR group including four regional segments: Japan, Asia, North America, and other regions, as well as the Faltec Group segment which is as a management unit. TPR group provides piston rings, cylinder liners, valve seats, aluminum products, industrial plastic products, industrial rubber parts and temperature control valves. The Faltec Group segment provides automotive exterior parts including radiator grills, millimeter wave radar covers, and automotive products including remote control engine starters, roof rails, as well as automotive inspection and maintenance equipment.