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Ube Industries Ltd (4208.T)

4208.T on Tokyo Stock Exchange

3,345JPY
26 Apr 2018
Change (% chg)

¥-45 (-1.33%)
Prev Close
¥3,390
Open
¥3,405
Day's High
¥3,405
Day's Low
¥3,335
Volume
570,600
Avg. Vol
738,717
52-wk High
¥3,530
52-wk Low
¥2,580

Latest Key Developments (Source: Significant Developments)

Ube Industries, JSR and Mitsubishi Chemical announce start of new company for integration of ABS resin business
Tuesday, 9 Jan 2018 01:35am EST 

Jan 9 (Reuters) - JSR Corp <4185.T>:Says it will start to set up a Tokyo-based company on April 1, for integration of ABS resin business, with UMG ABS, Ltd., which is equally owned by Ube Industries Ltd <<<4208.T>>> (50 percent) and Mitsubishi Chemical Corp (50 percent).Says the new company will be capitalized at 3 billion yen .Says it will hold 51 percent stake in the new company after transaction .  Full Article

R&I affirms Ube Industries rating at "A-" and says stable outlook -R&I
Monday, 13 Nov 2017 01:30am EST 

Nov 13 (Reuters) - Ube Industries Ltd <4208.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I.Says rating outlook stable -R&I.  Full Article

Ube Industries to transfer building material business to unit Ube Kenzai
Wednesday, 1 Nov 2017 03:14am EDT 

Nov 1(Reuters) - Ube Industries Ltd <4208.T>:Says it plans to transfer building material business to its wholly owned unit Ube Kenzai Corporation.,LTD, effective April 1, 2018.  Full Article

Ube Industries completes share repurchase
Tuesday, 18 Jul 2017 04:08am EDT 

July 18 (Reuters) - Ube Industries Ltd <4208.T>:* Says it completed repurchase of 18.1 million shares of its common stock, for 5 billion yen in total, as of July 18 .  Full Article

Ube Industries to fully acquire two units through stock swap
Thursday, 11 May 2017 02:28am EDT 

May 11(Reuters) - Ube Industries Ltd <4208.T>:Says it plans to fully acquire Ube Shipping & Logistics, Ltd.(USLL)and HAGIMORI INDUSTRIES,LTD. (HIL) as two wholly owned units through stock swap, on Aug. 1.Says one share of the USLL will be exchanged for 2.4 shares of the co.Says one share of the HIL will be exchanged for 4.0 shares of the co.Says 10 million shares of the co will be exchanged .  Full Article

Ube Industries to repurchase 28 mln shares
Thursday, 11 May 2017 02:16am EDT 

May 11(Reuters) - Ube Industries Ltd <4208.T>:Says it plans to repurchase 28 million shares of its common stock, representing 2.6 percent of outstanding.Says share repurchase price is 5 billion yen in total.Says repurchase period from May 12 to July 18 .  Full Article

Mitsubishi Chemical and Ube Industries will merge chinese electrolyte operations next April - Nikkei
Thursday, 13 Oct 2016 06:03pm EDT 

Nikkei: Mitsubishi Chemical and Ube Industries will merge chinese electrolyte operations next April - Nikkei .Mitsubishi Chemical and Ube Industries will consider similar mergers in the U.S. And Europe later - Nikkei.  Full Article

Ube Industries to fully acquire unit Ube Film Company Ltd via stock swap
Monday, 6 Jun 2016 11:05pm EDT 

Ube Industries Ltd <4208.T>: Says the co will fully acquire its 93.7-pct-owned unit Ube Film Company Ltd. through stock swap, with effective on June 24 . Says one share of Ube Film Company Ltd's stock will be exchanged with 16.075 shares of the company .Say the company's owned 93.7 percent stake in Ube Film Company Ltd will not be exchanged.  Full Article

JSR Corporation reaches basic agreement with Ube Industries and Mitsubishi Rayon to start negotiation for merger of units in ABS resin business
Monday, 9 May 2016 02:35am EDT 

JSR Corporation <4185.T> and Ube Industries <4208.T> : Says JSR's wholly owned unit TPC to merge with UMG ABS, which is a JV of Ube Industries and Mitsubishi Rayon .Says the parties to sign agreement on Oct. 31 and merger effective Oct. 1, 2017.  Full Article