Tranche Update on San-Ai Oil Co., Ltd.'s Equity Buyback Plan announced on March 25, 2014.
January 08, 2015
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From October 1, 2014 to December 31, 2014, the company has repurchased 55,000 shares, representing 0.07% for ¥38.97 million. With this, the company has completed the repurchase of 177,000 shares, representing 0.24% for ¥133.33 million under the buyback announced on March 25, 2014.
San-Ai Obbli Co Ltd, formerly San-Ai Oil Co Ltd, is a Japan-based company principally engaged in the sale of petroleum products, liquefied petroleum (LP) gas, as well as the storage and refueling of aircraft fuel. The Company operates in three business segments. Petroleum-Related Business segment sells, stores and ships petroleum products and manufactures and sells chemical products such as preservatives, fungicides and extinguishing agents. Gas-Related Business segment sells LP gas, natural gas, city gas and gas equipment. Aviation Related Business & Others segment is involved in the storage and refueling of aircraft fuel, the surface treatment of metal, the contract construction of building ancillary facilities and the rental of real estate.