Tranche Update on Nakabohtec Corrosion Protecting Co.,Ltd.'s Equity Buyback Plan announced on May 9, 2019.
January 08, 2020 at 02:50 am EST
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From October 1, 2019 to December 31, 2019, the company has repurchased 15,500 shares, representing 0.62% for ¥12.6 million. With this, the company has completed the repurchase of 27,100 shares, representing 1.07% for ¥95.34 million under the buyback announced on May 9, 2019.
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.
NAKABOHTEC CORROSION PROTECTING CO.,LTD. 
