Tranche Update on Tsurumi Manufacturing Co., Ltd.'s Equity Buyback Plan announced on December 12, 2022.
May 11, 2023 at 09:00 pm EDT
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From April 1, 2023 to May 11, 2023, the company has repurchased 0 shares, representing 0% for ¥0 million. With this, the company has completed the repurchase of 171,500 shares, representing 0.7% for ¥339.51 million under the buyback announced on December 12, 2022.
TSURUMI MANUFACTURING CO.,LTD. is a Japan-based company engaged in manufacture and sale of pumps and related equipment. The Company operates through three geographic segments including Japan, North America and China. The Company is engaged in production, purchasing, sale and leasing of flagship submersible pumps, other pumps, environmental equipment and peripheral equipment. The Company is also engaged in related business, such as associated repair and after-sales service, installation of machinery and equipment, civil engineering work, electrical work, piping work, construction of water supply facilities, construction of steel structures, sale of secondhand and leasing of fixed assets, among others. The Japan segment is engaged in the manufacture and sale of pumps and related equipment, engineering and other businesses. The subsidiary is also engaged in real estate leasing business and leasing of machinery, office equipment and vehicles.