Nippon Seiro Co., Ltd. announces an Equity Buyback for 1,650,000 shares, representing 7.37% for ¥422.4 million.
September 16, 2014
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Nippon Seiro Co., Ltd. (TSE:510) announces a share repurchase program. Under the program, the company will repurchase up to 1,650,000 shares, representing 7.37% of its issued share capital, at a price of ¥256 per share, for a total of ¥422.4 million. The company will repurchase its shares through Off-auction Own Share Repurchase.
NIPPON SEIRO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of petroleum refining products and petroleum products. The Company is mainly engaged in the manufacture and sale of petroleum wax products and related products such as paraffin waxes, microcrystalline waxes, blended products, chemical products, resin lubricants, synthetic waxes and emulsions, as well as heavy oil products. The Company is also engaged in the perform equipment maintenance and on-site work, the contract manufacture of molecular distillation products and emulsion products, as well as the manufacture of rubber aging prevention wax products.
NIPPON SEIRO CO., LTD. 
