Tranche Update on THK Co., Ltd.'s Equity Buyback Plan announced on November 11, 2021.
February 24, 2022 at 06:00 am
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From January 1, 2022 to February 22, 2022, the company has repurchased 2,103,600 shares, representing 1.66% for ¥5,957.08 million. With this, the company has completed the repurchase of 4,000,000 shares, representing 3.16% for ¥11,042.57 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.
THK CO., LTD. 
