Tranche Update on THK Co., Ltd.'s Equity Buyback Plan announced on November 11, 2021.
January 05, 2022 at 06:00 am
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From November 11, 2021 to December 31, 2021, the company has repurchased 1,896,400 shares, representing 1.5% for ¥5,085.49 million. With this, the company has completed the repurchase of 1,896,400 shares, representing 1.5% for ¥5,085.49 million under the buyback announced on November 11, 2021.
THK CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of components for industrial equipment and transportation vehicles. The Company operates in five regional segments. The industrial equipment related business is engaged in the manufacture and sale of equipment components such as linear motion (LM) systems, as well as industrial equipment. The transportation vehicles related business is engaged in the development, design, manufacture and sale of steering parts, suspension parts and brake parts for automobile and two-wheel vehicles. The Company operates in Japan, the Americas, Europe, China, Taiwan, Singapore and Korea.