Tranche Update on Nippon Soda Co., Ltd.'s Equity Buyback Plan announced on February 5, 2021.
June 15, 2021 at 09:00 pm EDT
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From April 1, 2021 to June 15, 2021, the company has repurchased 360,800 shares, representing 1.28% for ¥1,230.46 million. With this, the company has completed the repurchase of 580,100 shares, representing 2.05% for ¥1,999.79 million under the buyback announced on February 5, 2021.
Nippon Soda Co., Ltd. is primarily engaged in the manufacture and sale of chemical products. The Chemical segment is engaged in the manufacture and sale of industrial chemicals, synthetic chemicals, dye products, functional materials, eco-care products, pharmaceuticals and medical intermediates, among others. The Agricultural Chemical segment is engaged in the manufacture and sale of fungicides, insecticides, miticides, herbicides and industrial fungicides. The Business Firms segment offers chemicals, synthetic resins, industrial machineries and devices, among others. The Transportation and Warehouse segment is engaged in the provision of warehouse and transportation services. The Construction segment is involved in the plant construction and civil engineering businesses. The Others segment is involved in the casting, processing and sale of alloy, the treatment of industrial wastes, the leasing of lands and equipment, the manufacture and sale of molded synthetic resin, among others.