Nissan Chemical Corporation announces an Equity Buyback for 1,000,000 shares, representing 0.71% for ¥5,000 million.

Nissan Chemical Corporation (TSE:4021) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 common shares, representing 0.71% of its issued and outstanding shares, for total worth of ¥5,000 million. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment.

The plan will be valid up to July 29, 2022. As of May 10, 2022, the company had 141,780,320 shares issued and outstanding (excluding treasury stock) and 219,680 shares in its treasury.