Daiseki Co.,Ltd. announces an Equity Buyback for 300,000 shares, representing 0.61% for ¥1,000 million.
April 22, 2024 at 02:07 am EDT
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Daiseki Co.,Ltd. (TSE:9793) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.62% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to carry out flexible capital policies in response to changes in the corporate environment.
The program will run until July 31, 2024. As of February 28, 2022, the company had 48,783,448 shares in issue (excluding treasury stock) and 2,716,573 shares in treasury.
Daiseki Co Ltd is a Japan-based company mainly engaged in the environment-related business. The Company is engaged in the collection, transportation and intermediate treatment of industrial wastes, the investigation and treatment of contaminated soil, the collection, transportation and recycling of used batteries, the refining of lead, the sale of non-ferrous metal raw materials, tank washing and related services, the collection of volatile organic compounds (VOC) gases, the sludge reduction works, the sale of crude oil washing (COW) machines, as well as the manufacture and sale of petrochemical products.