Tranche Update on Chuetsu Pulp & Paper Co., Ltd.'s Equity Buyback Plan announced on March 23, 2023.
March 23, 2023 at 09:00 pm EDT
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From March 23, 2023 to March 24, 2023, the company has repurchased 400,000 shares, representing 3% for ¥400.4 million. With this, the company has completed the repurchase of 400,000 shares, representing 3% for ¥400.4 million under the buyback announced on March 23, 2023.
Chuetsu Pulp & Paper Co.,Ltd. is a company mainly engaged in the manufacture and sale of paper and pulp. The Company operates in two business segments. The Paper and Pulp Manufacturing segment manufactures and sells various paper products, such as newsprint paper, printing paper, packing paper, special paper, paperboards, processed products and pulp, among others. The Power Generation segment sells electricity. The Others segment is engaged in business activities include manufacture and sale of cellulose nanofiber related products, paper bags, paper tubes, cardboard, notebooks, and other paper products; afforestation and greening business; pharmaceutical manufacturing business; paper tube processing; paper cutting and sorting packaging; mechanical equipment design construction and repair; transportation of pulp and paper and other raw materials; manufacturing, purchasing and sale of wood chips; insurance agency; industrial waste treatment, and among others.