DKS Co. Ltd. announces an Equity Buyback for 2,500,000 shares, representing 4.73% for ¥1,000 million.
January 31, 2017 at 01:58 am
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DKS Co. Ltd. (TSE:4461) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 4.73% of its share capital for ¥1,000 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy which responds to changes in the business environment, along with aiming to improve capital efficiency. The program will expire on March 24, 2017. As of January 31, 2017, the company had 52,881,393 shares outstanding excluding treasury shares, and 540,216 shares in treasury.
DKS Co. Ltd. is engaged in the manufacture and sale of surfactants, functional materials and electronic device materials. The Company operates in five business segments. The Surfactant segment is engaged in the manufacture and sale of nonionic surfactants, anionic surfactants, cationic surfactants and amphoteric surfactants. The Amenity Materials segment is engaged in the manufacture and sale of sucrose fatty acid esters, cellulose-based polymer materials, vinyl-based polymer materials and health supplements. The Urethane Materials segment is engaged in the manufacture and sale of polyether polyols, urethane prepolymers and urethane systems. The Functional Materials segment is engaged in the manufacture and sale of materials for photocurable resins, aqueous urethane resins, flame retardants, amide-based lubricants. The Electronic Device Materials segment is engaged in the manufacture and sale of conductive pastes for electronic components and pellets for injection molding.
DKS CO. LTD. 
