Tranche Update on Nihon Kagaku Sangyo Co., Ltd.'s Equity Buyback Plan announced on February 25, 2021.
May 27, 2021 at 04:30 am EDT
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From April 1, 2021 to May 24, 2021, the company has repurchased 222,500 shares, representing 1.11% for ¥277.46 million. With this, the company has completed the repurchase of 222,500 shares, representing 1.11% for ¥277.46 million under the buyback announced on February 25, 2021.
NIHON KAGAKU SANGYO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of chemicals and building materials. The Company operates in two business segments. The Chemicals segment is engaged in the manufacture and sale of metal compounds such as copper, tin, nickel and cobalt chemicals, metal soaps such as octylic acid, battery chemicals, gloss agents and additives for surface treatment, and electroless nickel plating liquids, as well as the processing of cathode materials for secondary batteries, and the plating processing business. The Building Materials segment is engaged in the manufacture and sale of house building products such as fireproof ventilation corner beads, seismic reinforcing materials, interior partition walls, post boxes, balustrades and copings, metal shutters, as well as heat-exchange equipment and others.