SK Kaken Co., Ltd. announces an Equity Buyback for 13 shares.
November 09, 2018 at 01:00 am EST
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SK Kaken Co., Ltd. (JASDAQ:4628) announces a share repurchase program. Under the program, the company will repurchase up to 13 shares. The company will repurchase its shares in order to process the fractional shares resulting from a reverse share-split.
SK KAKEN CO.,LTD. is a Japan-based company principally engaged in the manufacture and sale of architectural finishing coating materials and fireproof insulation materials. The Company operates in two business segments. Building Finish Coating segment is involved in the production of organic inorganic water-based coatings, synthetic resin paints, inorganic paints, inorganic building materials, as well as the conduct of special finishing work on buildings. Refractory Insulation segment is involved in the production of insulation materials, refractory coatings, refractory paints, as well as the conduct of refractory insulation work. The Company is also involved in the manufacture and sale of detergents and diluents.