Tranche Update on Inabata & Co.,Ltd.'s Equity Buyback Plan announced on February 8, 2023.
June 23, 2023 at 02:00 am EDT
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From April 1, 2023 to June 22, 2023, the company has repurchased 765,000 shares, representing 1.37% for ¥2,229.92 million. With this, the company has completed the repurchase of 1,200,000 shares, representing 2.14% for ¥3,386.55 million under the buyback announced on February 8, 2023.
Inabata & Co., Ltd. is a Japan-based company that sells information and electronics, chemicals and other products. It operates in five business segments. The Information and Electronics segment provides semiconductors and liquid crystal materials, machinery equipment, ink for copiers and printers, as well as materials for electronics industry. The Chemical segment offers raw materials of automobile components, resins and gum, paintings and inks, paper manufacturing chemicals. The Living Industry segment sells intermediates for medical and agricultural chemicals, fine chemicals, raw materials of pesticide and toiletries, functional food, marine products, agricultural products, and starches. The Synthetic Resin segment provides general-purpose resins and engineering plastic. The Housing Environment segment sells wood, bonded wood, wood construction materials, housing equipment and housing-related materials.