FilingReader Intelligence
Dainichiseika plans JPY 1.16bn share buyback program
August 7, 2025 at 07:52 AM UTC•By FilingReader AI
Dainichiseika Color & Chemicals will acquire up to 330,000 common shares, representing 1.90% of total issued shares, for a maximum cost of JPY 1.16 billion.
The buyback forms part of the company's "TRANSFORMATION for TOMORROW 2027" medium-term management plan and aims to improve return on equity and price-to-book ratio.
The acquisition will occur on August 8, 2025, through the Tokyo Stock Exchange's off-auction system at JPY 3,530 per share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:4116•Tokyo Stock Exchange
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