Shin-Etsu Chemical Co., Ltd. announces an Equity Buyback for 330,000 shares, representing 0.08% for ¥6,200 million.
August 17, 2021 at 11:30 am IST
Shin-Etsu Chemical Co., Ltd. (TSE:4063) announces a share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 0.08% of its issued share capital, for a total of ¥6,200 million. The purpose of the program is to deliver shares upon exercise of stock options (stock acquisition rights). The program will expire on September 14, 2021. As of July 31, 2021, the company had 415,589,041 outstanding shares (excluding treasury shares) and 1,073,752 shares in treasury.