KPX Green Chemical Co., Ltd. announces an Equity Buyback for KRW 2,000 million worth of its shares.
February 05, 2018 at 11:37 pm
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KPX Green Chemical Co., Ltd. (KOSE:A083420) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a trust contract with Korea Investment & Securities Co., Ltd. The purpose of the share repurchase program is to stabilize the share price and to protect investors. The share repurchase program is valid until February 7, 2019. As of February 5, 2018, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
GREEN CHEMICAL CO.,LTD., formerly KPX GREEN CHEMICAL CO., LTD., is a Korea-based company engaged in the manufacture and distribution of chemical products. The Companyâs consist of ethoxylates (EOAs), which are used for detergents, permeating additives, wetting agents, emulsifiers, dispersing agents, bubble antifoaming agents and others; ethanolamines (ETAs), which are used for fiber treatment, lubricants, cement additives, as well as for basic raw materials and additives for various surfactants, and dimethyl carbonates (DMCs) and ethylene glycols (EGs), which are used as intermediate materials for polycarbonates (PCs). It also sells additives for precision chemical products. The Company distributes its products within domestic market and to overseas markets.
GREEN CHEMICAL CO., LTD. 