Daiseki Co.,Ltd. announces an Equity Buyback for 500,000 shares, representing 1.02% for ¥2,000 million.
April 04, 2024 at 03:30 am EDT
Share
Daiseki Co.,Ltd. (TSE:9793) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.02% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,000 million. The purpose of the program is to carry out flexible capital policies in response to changes in the corporate environment.
The program is valid till July 12, 2024. As of March 31, 2024, the company has 48,783,448 issued shares (excluding treasury stock) and 2,216,552 treasury shares.
Daiseki Co Ltd is a Japan-based company mainly engaged in the environment-related business. The Company is engaged in the collection, transportation and intermediate treatment of industrial wastes, the investigation and treatment of contaminated soil, the collection, transportation and recycling of used batteries, the refining of lead, the sale of non-ferrous metal raw materials, tank washing and related services, the collection of volatile organic compounds (VOC) gases, the sludge reduction works, the sale of crude oil washing (COW) machines, as well as the manufacture and sale of petrochemical products.
DAISEKI CO.,LTD. 
