Aichi Tokei Denki Co., Ltd. announces an Equity Buyback for 65 shares.
November 01, 2016
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Aichi Tokei Denki Co., Ltd. (TSE:7723) announces a share repurchase program. Under the program, the company will repurchase 65 shares. The purchase price will be the closing share price of company common shares in the Nagoya Stock Exchange on the purchase date. Fractional shares will be purchased following the share merger carried out on October 1, 2016.
Aichi Tokei Denki Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of measuring equipment and other special equipment. The Measuring Instrument segment carries four types of products: gas-related equipment, which include utility gas meters, liquefied petroleum (LP) gas meters, industrial meters, pressure equipment, gas meter systems and others; water work-related equipment, including various water supply meters, industrial water meters and sewage meters, bill management systems, emergency report systems for elderly housing and others; civil sensors and systems, including flow instrument and flow sensors, as well as instrumentation which include measuring, monitoring and control systems. The other businesses include the manufacture and sale of special equipment, such as precision molds.