Tranche Update on Toagosei Co., Ltd.'s Equity Buyback Plan announced on January 31, 2022.
November 25, 2022 at 01:00 am EST
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From October 1, 2022 to November 24, 2022, the company has repurchased 856,000 shares, representing 0.7% for ¥978.51 million. With this, the company has completed the repurchase of 3,978,700 shares, representing 3.22% for ¥4,300 million under the buyback announced on January 31, 2022.
TOAGOSEI CO., LTD. is a Japan-based company mainly engaged in the chemicals business and polymer and oligomer businesses. The Company operates through five business segments. The Basic Chemicals segment manufactures and sells sodium hydroxide, sodium hydroxide, sodium hypochlorite, sulfuric acid, industrial gases, and acrylic acid esters. The Polymer and Oligomer segment manufactures and sells acrylic polymers, polymer flocculants, and photo-curable resins. The Resin Processing Products segment manufactures and sells plumbing equipment products, building materials and civil engineering products, life support products, and elastomer compounds. The Adhesive Materials segment manufactures and sells instant adhesives and functional adhesives. The Advanced Inorganic Materials segment manufactures and sells high-purity inorganic chemicals and inorganic functional materials. It is also engaged in new products research and development business, transportation and trading company business.