Tranche Update on Kurabo Industries Ltd.'s Equity Buyback Plan announced on November 8, 2017.
January 05, 2018 at 06:00 am
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From November 8, 2017 to December 31, 2017, the company has repurchased 1,988,000 shares, representing 0.88% for ¥696.65 million. With this, the company has completed the repurchase of 1,988,000 shares, representing 0.88% for ¥696.65 million under the buyback announced on November 8, 2017.
KURABO INDUSTRIES LTD. is primarily engaged in the manufacture of textiles and chemicals. The Textile segment manufactures and sells threads, fabrics, textile, non-woven fabrics, knits, reinforced nets and secondary textile products, as well as the staining, arrangement and processing of synthetic fabrics. The Chemical segment manufactures and sells polyurethane foam, synthetic lumber, inorganic construction materials, functional film and high functional and engineering plastics, among others. The Real Estate segment is engaged in the leasing of real estate. The Environmental Mechatronics segment manufactures and sells information system equipment and inspection and measurement systems related to color and production management, designs, produces, constructs and sells various plants related to the environment and energy, manufactures biomass power generation business and bio-related products. The Food and Service segment engages in the manufacture and sales of freeze-dried foods.