Tranche Update on Soda Nikka Co., Ltd.'s Equity Buyback Plan announced on May 10, 2021.
October 06, 2021 at 07:00 am
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From July 1, 2021 to September 30, 2021, the company has repurchased 1,170,500 shares, representing 4.72% for ¥657.89 million. With this, the company has completed the repurchase of 1,375,100 shares, representing 5.54% for ¥777.54 million under the buyback announced on May 10, 2021.
SODA NIKKA CO., LTD. is a Japan-based company mainly engaged in inorganic chemicals, organic chemicals and synthetic resins trading business. The Company operates through three business segments. Chemicals business sells soda products, secondary soda products, ammonia-based products, other inorganic chemicals, chlorine-based, fluorine-based, and petroleum-based solvents, petrochemicals, and organic fine chemicals to the markets of chemistry, paper pulp, food and detergents, and government agencies. Functional Materials business sells synthetic resin raw materials, synthetic resin products, glass fibers, packaging material products, construction, equipment, electronic materials, industrial materials, and resource recycling and processing agents to markets of food, resin processing, and electronics. Other business is engaged in the real estate leasing, warehousing and transportation, processing and sales of packaging materials, and consulting services.
SODA NIKKA CO., LTD. 