HyosungONBCo.,Ltd announces an Equity Buyback for 280,000 shares.
August 26, 2019 at 03:26 am
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HyosungONBCo.,Ltd (KOSDAQ:A097870) announces a share repurchase program. Under the program, the company will repurchase up to 280,000 common shares for KRW 1,904 million. The purpose of the program is to improve the shareholder’s value and to stabilize the stock price. The program is valid up to November 26, 2019. As of August 25, 2019, the company had 420,000 shares in treasury within scope available for dividend and no shares in treasury through other repurchase.
HyosungONB Co., Ltd is a Korea-based company engaged in the organic fertilizers manufacturing. The Companyâs products include fertilizers for agricultural products, fruits, rice farming, flowers, vegetables and teas. The Company also produces and distributes microorganism fertilizers, trace urea fertilizers and others. Its affiliate HYOSUNG ONB (PVT) LTD which is located in Sri Lanka also engages in fertilizer manufacturing. The Company distributes its products within domestic market and to overseas markets.
HYOSUNGONBCO.,LTD 
