Tranche Update on Sumitomo Osaka Cement Co., Ltd.'s Equity Buyback Plan announced on February 9, 2021.
April 01, 2021 at 02:00 am
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From February 9, 2021 to March 31, 2021, the company has repurchased 815,300 shares, representing 2.11% for ¥2,943.82 million. With this, the company has completed the repurchase of 815,300 shares, representing 2.11% for ¥2,943.82 million under the buyback announced on February 9, 2021.
Sumitomo Osaka Cement Co., Ltd. is primarily engaged in the cement business. The Company operates in seven segments. Cement segment manufactures and sells cement and ready-mixed concrete products, cements solidification materials, and provides marine and land transportation services, as well as quality testing and factory maintenance services. Mineral segment provides limestone products. Construction Material segment provides repair materials for concrete buildings. Photoelectron segment provides light related parts. New Material segment manufactures and distributes ceramic products, functional films and functional paints. Battery Material segment provides secondary battery positive-electrode materials. The Others segment is engaged in the leasing of buildings, provision of information processing services, as well as the undertaken of electrical equipment works.