Nakabohtec Corrosion Protecting Co.,Ltd. announces an Equity Buyback for 22 shares.
October 22, 2018 at 01:40 pm IST
Share
Nakabohtec Corrosion Protecting Co.,Ltd. (JASDAQ:1787) announces a share repurchase program. Under the program, the company will repurchase 22 shares. Fractional shares will be purchased as a result of a share merger.
Nakabohtec Corrosion Protecting Co., Ltd. mainly conducts electric anticorrosion, corrosion protective covering and anticorrosive coat-related works to various facilities. The Company operates in three business segments. The Port segment conducts electric anticorrosion, corrosion protective covering and anticorrosive coat-related works for port facilities and vessels. The Underground segment conducts electric anticorrosion, corrosion protective covering and anticorrosive coat-related works for underground buried facilities, as well as underground and aboveground tanks. The Ground segment conducts electric anticorrosion, corrosion protective covering and anticorrosive coat, electrolytic iron supply and antifouling works for onshore facilities and plant equipment. The Company also conducts electric anticorrosion and corrosion protective covering works for reinforced concrete structures. In addition, the Company sells anticorrosion-related materials and equipment.