Sakai Chemical Industry Concludes Share Repurchase Program
Sakai Chemical Industry (TYO:4078) has completed its share repurchase after acquiring a total of 1.5 million shares for 6.07 billion yen through market purchases on the Tokyo Stock Exchange.The final tranche of 189,200 shares, costing 731.2 million yen, was acquired between Sept. 1 and 7, according to a Tokyo bourse filing on Tuesday.The program, which ran from July 1 through Dec. 31, had an upper limit of 1.5 million shares and a total budget of 7 billion yen.Following this acquisition, the company plans to cancel all treasury shares that have been repurchased.