Tranche Update on Adeka Corporation's Equity Buyback Plan announced on September 17, 2021.
September 21, 2021 at 02:30 am
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From September 17, 2021 to September 21, 2021, the company has repurchased 323,000 shares, representing 0.31% for ¥865.64 million. With this, the company has completed the repurchase of 323,000 shares, representing 0.31% for ¥865.64 million under the buyback announced on September 17, 2021.
ADEKA CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of chemical products and food ingredients. The Company operates through three business segments. The Chemicals segment manufactures and sells resin additive products such as flame retardants; information and electric chemical products such as ultrapure semiconductor materials, light curing resin and others; functional chemical products such as additives, fire retardant, interfacial active agents and kitchen cleaning agents and others. The Life Sciences segment manufactures and sells agricultural chemicals, pharmaceuticals, quasi-drugs, veterinary medicines, wood medicines, and medical materials. The food segment manufactures and sells margarines, fats and oils for chocolate and others. The Company is also involved in the equipment plant design, construction and construction management, equipment maintenance, logistics, warehousing, leasing of vehicles, real estate, insurance agency and others.