Tranche Update on Nippon Kayaku Co., Ltd.'s Equity Buyback Plan announced on May 21, 2021.
September 29, 2021 at 09:00 pm EDT
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From July 1, 2021 to September 30, 2021, the company has repurchased 1,841,100 shares, representing 1.08% for ¥2,168.13 million. With this, the company has completed the repurchase of 2,634,500 shares, representing 1.55% for ¥2,999.88 million under the buyback announced on May 21, 2021.
NIPPON KAYAKU CO., LTD. is primarily engaged in the manufacture and sale of functional chemical products. The Company has three business segments. The Functional Chemical segment manufactures and sells functional materials, such as epoxy resin, ultraviolet curable resin and high-performance chemicals; pigment materials, including functional dyes, pigment for inkjet printers and others; catalysts, such as catalysts for acrylic and methacrylic acid manufacturing, as well as coloring materials, such as dyes and special coloring materials for nonfibrous products, among others. The Pharmaceutical segment supplies pharmaceutical products, medical intermediates and diagnostic medicines, among others. The Safety Systems segment provides inflators for airbags and micro gas generators for seatbelt pretensioners. The Company is also engaged in the manufacture and sale of agricultural chemicals.
NIPPON KAYAKU CO., LTD. 
