Tranche Update on Dai Nippon Printing Co., Ltd.'s Equity Buyback Plan announced on March 9, 2023.
January 05, 2024 at 01:00 am EST
Share
From October 1, 2023 to December 31, 2023, the company has repurchased 7,400,400 shares, representing 2.94% for ¥29,503.91 million. With this, the company has completed the repurchase of 21,263,700 shares, representing 8.24% for ¥83,048.28 million under the buyback announced on March 9, 2023.
Dai Nippon Printing Co. specializes in printing services. Net sales break down by activity as follows:
- printing of cards, books and business documents (54.1%): microchips, plastic cards, books, magazines, catalogs, administrative forms, brochures, indices, etc.;
- printing of flexible packages and decorative coatings (28.2%): bags, bottles, cardboard boxes, paint papers, wood and metal engraved plates, etc. The group also produces and sells optic films, ink ribbons, etc.;
- manufacturing of electronic components (13.7%): semiconductors components, photolithography masks, projection screens, protection filters for screens, color printers components, etc.;
- production of beverages (4%).
Net sales are distributed geographically as follows: Japan (83%), Asia (10.6%) and other (5.4%).