Tranche Update on MARUICHI Co.,Ltd.'s Equity Buyback Plan announced on May 21, 2018.
May 21, 2018 at 09:00 pm EDT
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From May 21, 2018 to May 22, 2018, the company has repurchased 983,100 shares, representing 4.27% for ¥1,068.63 million. With this, the company has completed the repurchase of 983,100 shares, representing 4.27% for ¥1,068.63 million under the buyback announced on May 21, 2018.
MARUICHI Co.,Ltd. is a Japan-based company mainly engaged in the wholesale of fresh and processed foods such as marine products and livestock products and general processed foods. The Company operates through four business segments. The Marine Products segment sells marine products, processed marine products, daily items and frozen foods, and manufactures processed marine products. The General Food segment sells general dry foods, general processed foods and confectionery. The Livestock segment manufactures and sells livestock products and processed livestock products. The Maruizu Nagano Prefectural Water Group develops food wholesale business mainly in the Nagano Prefecture area. The Company is also involved in the logistics and refrigerated warehouse business, office automation (OA) equipment and communication equipment sales and insurance agency business.