Daiseki Co.,Ltd. announces an Equity Buyback for 300,000 shares, representing 0.61% for ¥1,200 million.
April 24, 2023 at 02:00 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 0.61% of its issued share capital (excluding treasury stock), for ¥1,200 million. The purpose of the program is to implement agile capital policies in response to changes in the business environment.
The program will be valid till July 31, 2023. As of March 31, 2023, the company has 49,378,363 issued shares (excluding treasury stock) and 1,621,637 treasury shares.
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.