Daiseki Co.,Ltd. announces an Equity Buyback for 600,000 shares, representing 1.19% for ¥3,000 million.
April 18, 2022 at 03:30 am EDT
Share
Daiseki Co.,Ltd. (TSE:9793) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.19% of its share capital (excluding treasury stock), for ¥3,000 million. The purpose of the program is to carry out agile capital policies that respond to changes in the corporate environment.
The program will expire on July 15, 2022. As of March 31, 2022, the company had 50,568,402 shares outstanding (excluding treasury stock) and 431,598 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.