Nippon Kayaku Co (JP:4272) has released an update.
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Nippon Kayaku Co., Ltd. has announced the acquisition of 737,300 of its own common shares, costing a total of 930 million yen, executed through open market transactions on the Tokyo Stock Exchange between July 1 and July 31, 2024. This purchase is part of a larger buyback program approved on May 13, 2024, that targets up to 2.8 million shares or 1.7% of its issued stock, with a maximum spend of 3 billion yen, to be completed by September 30, 2024.
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