Tranche Update on Nihon Kagaku Sangyo Co., Ltd.'s Equity Buyback Plan announced on June 14, 2023.
January 09, 2024 at 01:00 am EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 100,600 shares, representing 0.51% for ¥125.1 million. With this, the company has completed the repurchase of 200,900 shares, representing 1.02% for ¥235.82 million under the buyback announced on June 14, 2023.
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.