Nippon Kayaku Completes Part of Share Buyback

Nippon Kayaku Co (JP:4272) has released an update.

Nippon Kayaku Co., Ltd. has completed a share buyback program, acquiring 525,100 of its own common shares on the Tokyo Stock Exchange at a cost of 672,961,500 yen between August 1 and August 31, 2024. This acquisition is part of a larger buyback plan authorized by the company’s Board of Directors on May 13, 2024, which allows for the purchase of up to 2.8 million shares, representing 1.7% of the total issued shares, for a maximum cost of 3.0 billion yen by September 30, 2024.

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