Daiseki Co.,Ltd. announces an Equity Buyback for 400,000 shares, representing 0.8% for ¥1,496 million.
July 19, 2022 at 03:30 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 400,000 shares, representing 0.80% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,496 million. The shares will be repurchased at a price of ¥3,740 per share.
The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of June 30, 2022, the company has 49,978,819 issued shares (excluding treasury stock) and 1,021,181 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.
DAISEKI CO.,LTD. 
