Tranche Update on DKK Co., Ltd.'s Equity Buyback Plan announced on February 10, 2023.
January 08, 2024 at 09:00 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 290,600 shares, representing 2.91% for ¥702.56 million. With this, the company has completed the repurchase of 1,083,600 shares, representing 10.47% for ¥2,477.75 million under the buyback announced on February 10, 2023.
DKK Co Ltd, formerly Denki Kogyo Co Ltd is a company mainly engaged in the electric communication- and high frequency-related business. The Company operates in two business segments. The Electric Communication segment is engaged in the manufacture, construction and sale of various antennas, reflector plates, steel towers and steel structures, plating processing of various telecommunications equipment and steel frames, as well as construction of electric communication facilities. The High Frequency-related segment is engaged in the manufacture and sale of high frequency induction heating equipment, various high-frequency power supplies for plasma, as well as processing of High-frequency heat treatment. The Company is also involved in the equipment lending business and solar power distribution business.