Tranche Update on Osaka Soda Co., Ltd.'s Equity Buyback Plan announced on September 4, 2017.
January 15, 2018 at 11:30 am IST
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From October 1, 2017 to December 31, 2017, the company has repurchased 558,800 shares, representing 2.59% for ¥1,614.51 million. With this, the company has completed the repurchase of 558,800 shares, representing 2.59% for ¥1,614.51 million under the buyback announced on September 4, 2017.
OSAKA SODA CO., LTD. is a Japan-based chemical manufacturer that has three business segments. The Basic Chemical Product segment manufactures and sells caustic soda, hydrochloric acid, liquid chlorine, chlorine gas, sodium hypochlorite, sodium chlorite soda, caustic potash, hydrogen gas, epichlorohydrin, allyl chloride and others. The Functional Chemical Product segment manufactures and sells allyl ethers, epichlorohydrin rubber, dap resin, modifiers for energy saving tires, purified pharmaceutical materials, optical active materials, pharmaceutical active ingredients, intermediates, electrodes and lens materials, among others. The Housing Facility and Others segment is engaged in the provision of duping materials, housing related products.