Nichiban Co., Ltd. announces an Equity Buyback for 74 shares.
November 08, 2017 at 12:00 am EST
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Nichiban Co., Ltd. (TSE:4218) announces a share repurchase program. Under the program, the company will repurchase up to 74 shares. The company will repurchase its shares in order to process the fractional shares resulting from a reverse share-split.
NICHIBAN CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of medical products, adhesive tapes and adhesives, as well as related equipment. The Company has two business segments. The Medical segment is engaged in the manufacture and sale of pharmaceuticals based on cloth, paper, cellophane and plastic, medical equipment, cosmetics, medical auxiliary tapes, taping tapes and other tapes for medical use. The Tapes segment is engaged in the manufacture and sale of adhesive tapes, adhesive sheets and related equipment for home and office use, and industrial use.