Nissan Chemical Corporation announces an Equity Buyback for 1,000,000 shares, representing 0.71% for ¥4,000 million.

Nissan Chemical Corporation (TSE:4021) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 common shares, representing 0.71% of its issued and outstanding shares, for total worth of ¥4,000 million. The purpose of the program is to facilitate flexible implementation of capital policy in response to changes in the business environment.

The plan will be valid up to April 21, 2023. As of February 10, 2023, the company had 141,096,689 shares issued and outstanding (excluding treasury stock) and 203,311 shares in its treasury.