Taki Chemical Co., Ltd. announces an Equity Buyback for 97 shares, for ¥0.45 million.
July 28, 2017 at 03:00 am EDT
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Taki Chemical Co., Ltd. (TSE:4025) announces a share repurchase program. Under the program, the company will repurchase up to 97 shares for ¥0.45 million. The company will repurchase its shares using the closing price of its shares in Tokyo Stock Exchange on July 28, 2017. The company will repurchase its shares in order to process fractional shares resulting from a reverse share-split.
Taki Chemical Co., Ltd. is a Japan-based company mainly engaged in the agricultural business, chemical business, construction materials business and other businesses. The Company operates in six business segments. The Agricultural segment manufactures and sells compound fertilizers, phosphate fertilizers and agriculture related materials, among others. The Chemicals segment manufactures and sells water treatment chemicals and functional materials. The Construction Materials segment manufactures and sells gypsum boards. The Oil segment is engaged in the sale of oil. The Real Estate segment leases real estate properties with a focus on commercial buildings. The Transportation segment is engaged in the marine and land transportation business.