Daiei Kankyo Co., Ltd. announces an Equity Buyback for 50,000 shares, representing 0.05% for ¥110 million.
May 24, 2023 at 02:30 am EDT
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Daiei Kankyo Co., Ltd. (TSE:9336) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.05% for ¥110 million. The purpose of repurchase program is to introduction of a restricted share-based compensation plan.
The program will expire on May 31, 2023. As of March 31, 2023, the company had 99,892,900 shares in issue and 0 shares in treasury.
Daiei Kankyo Co Ltd is a Japan-based company mainly engaged in environment-related businesses centered on waste treatment and resource recycling. The environment-related segment is engaged in the provision of one-stop services for waste collection, transportation, intermediate treatment, recycling, and final disposal, as well as total solutions for contaminated soil, from investigation to remediation. The environment-related business is divided into seven categories: waste treatment and resource recycling, soil remediation, energy creation, forest conservation, facility construction and operation management, consulting, and others. The Company also operates a valuable resources recycling business consisting of aluminum pellets and recycled plastic pallets.
DAIEI KANKYO CO., LTD. 
