Tranche Update on Nakakita Seisakusho Co., Ltd.'s Equity Buyback Plan announced on July 17, 2018.
July 17, 2018 at 08:40 pm EDT
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From July 17, 2018 to July 18, 2018, the company has repurchased 40,000 shares, representing 1.09% for ¥121 million. With this, the company has completed the repurchase of 40,000 shares, representing 1.09% for ¥121 million under the buyback announced on July 17, 2018.
NAKAKITA SEISAKUSHO CO., LTD. is a Japan-based company primarily engaged in the manufacture and sale of automatic control valves, butterfly valves and remote controllers for ships and power plants. The Company offers three types of products: automatic control valves, which include auto actuated valves, servo actuated control valves, remote control valves, cylinder valves, safety valves, air purge-type automatic regulatory equipment, actuators, valves for nuclear plants, superheated steam pressure reducers and attemperators, other special automatic control valves and controlling equipment; butterfly valves, which include manual butterfly valves, remote control butterfly valves, and butterfly valves for low-temperature use, and remote controllers, which include cargo handling and ballast remote controllers and remote water level indication and warning equipment for ships.