Nippon Pallet Pool Co., Ltd. announces an Equity Buyback for 14 shares.
October 24, 2018 at 12:00 pm IST
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Nippon Pallet Pool Co., Ltd. (JASDAQ:4690) announces a share repurchase program. Under the program, the company will repurchase 14 shares. Fractional shares will be purchased as a result of a share merger.
NIPPON PALLET POOL CO., LTD. is a Japan-based company mainly engaged in the provision of pallet rental services. The Company is engaged in the rental of cargo handling and transportation equipment such as wooden pallets, plastic pallets, supporters, nesters, roll boxes, containers, racks, carts and others, as well as the operation of the pallet pool. The pallet pool operation business is engaged in the provision of pallet rental and recycling services for customers in pallets storage and management bases through the same standard pallets sharing and circulating system, as well as the provision of repair, maintenance and management services for pallets. The general palletization promotion business is engaged in the provision of unloading and transshipping services for cargo loaded on pallets, as well as transportation and storage services using forklifts and other loading equipment.