Tranche Update on Nihon Kagaku Sangyo Co., Ltd.'s Equity Buyback Plan announced on June 14, 2023.
April 04, 2024 at 11:00 am IST
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From January 1, 2024 to March 29, 2024, the company has repurchased 99,100 shares, representing 0.51% for ¥138.59 million. With this, the company has completed the repurchase of 300,000 shares, representing 1.53% for ¥374.4 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.