Tranche Update on Fuji Kosan Company, Ltd.'s Equity Buyback Plan announced on July 2, 2018.
January 07, 2019 at 12:00 am EST
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From October 1, 2018 to December 31, 2018, the company has repurchased 155,300 shares, representing 1.8% for ¥96.74 million. With this, the company has completed the repurchase of 243,200 shares, representing 2.8% for ¥153 million under the buyback announced on July 2, 2018.
FUJI KOSAN COMPANY, LTD. is primarily engaged in petroleum related products wholesale business. The Company is also engaged in the home energy business, including residential fuel oil retailing business, environment related business, including rental business of construction machine and mega solar power generation business. The Company operates in four segments. The Petroleum segment is engaged in purchasing and selling fuel oil, asphalt and lubricant oil. The Home Energy segment is engaged in retailing liquefied petroleum gas (LPG), kerosene and other household fuel oil. The Rental segment is engaged in rental business of construction machinery and others. The Environment Related segment is engaged in the sale of electricity and high quality urea water, among others.