Tranche Update on T.RAD Co., Ltd.'s Equity Buyback Plan announced on August 2, 2021.
October 30, 2021 at 11:00 pm EDT
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From August 2, 2021 to September 30, 2021, the company has repurchased 214,500 shares, representing 2.96% for ¥686.61 million. With this, the company has completed the repurchase of 214,500 shares, representing 2.96% for ¥686.61 million under the buyback announced on August 2, 2021.
T.RAD Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of various heat exchangers, as well as the provision of ancillary services. The Company operates through five regional segments including Japan, the United States, Europe, Asia and China. The Company is mainly engaged in the manufacture and sale of automobiles, construction and industrial machines, air conditioning equipment, distributed generators, other heat exchangers, automobiles and other machine parts, as well as the research, development and manufacture and sale of environmental equipment. Its main products include radiators, oil coolers, charge air coolers, fin coils for air conditioning equipment and various heat exchangers.