Tranche Update on HDC HOLDINGS CO.,Ltd's Equity Buyback Plan announced on March 6, 2023.
June 07, 2023 at 02:43 am
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From April 1, 2023 to June 5, 2023, the company has repurchased 1,818,073 shares, representing 3.33% for KRW 12,198.53 million. With this, the company has completed the repurchase of 3,006,166 shares, representing 5.5% for KRW 20,083.34 million under the buyback announced on March 6, 2023.
HDC Holdings Co Ltd is a Korea-based company mainly engaged in the manufacture and sale of chemical products. The Company operates its business through six segments. The Construction segment is involved in the construction of residential buildings, public institutions and private companies, social infrastructures such as roads, harbors and railroads. The Petrochemical segment is involved in the production and sale of chemical products such as industrial pipes, packaging materials for food and life, as well as construction materials. The Musical Instrument segment produces and sells musical instruments such as pianos. The Distribution segment is involved in the operation of department stores and complex shopping malls, as well as real estate leasing. The Holding segment is engaged in the businesses of management consulting and building rental. The Other segment is engaged in building management, the operation of hotels and professional soccer show business.