Tranche Update on Sakura Rubber Co., Ltd.'s Equity Buyback Plan announced on March 15, 2018.
March 15, 2018 at 09:30 pm EDT
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From March 15, 2018 to March 16, 2018, the company has repurchased 106,000 shares, representing 1.08% for ¥55.65 million. With this, the company has completed the repurchase of 106,000 shares, representing 1.08% for ¥55.65 million under the buyback announced on March 15, 2018.
SAKURA RUBBER CO., LTD. is mainly engaged in the fighting and disaster prevention business, as well as the aerospace and industrial goods business. The Company operates in three segments. The Fire Fighting and Disaster Prevention segment manufactures and sells fire hoses, fire suction hoses, disaster relief equipment and occupational safety equipment. The Aerospace and Industrial Goods segment manufactures and sells aerospace-related parts, metal goods, ducts, composites, petroleum-related rubber products, construction civil engineering-related rubber products, operates civil engineering and construction work business. The Real Estate Leasing segment is involved in the leasing and operation of Sasazuka shopping mall.