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Daicel ( (JP:4202) ) has shared an announcement.
Daicel Corporation announced the completion of its treasury stock acquisition, with the recent purchase of 2,340,100 shares amounting to 3,161,509,250 yen on the Tokyo Stock Exchange. This acquisition is part of a larger strategy approved by the Board to repurchase up to 12,000,000 shares by the end of March 2025, reflecting the company’s efforts to optimize its capital structure and potentially enhance shareholder value.
More about Daicel
Daicel Corporation operates in the chemical industry, specializing in the production of various chemical products. The company focuses on providing innovative chemical solutions and holds a significant position in the Japanese market, being listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: -2.24%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.42B
Find detailed analytics on 4202 stock on TipRanks’ Stock Analysis page.
