Tranche Update on Kook Soon Dang.Co.,Ltd.'s Equity Buyback Plan announced on March 20, 2019.
June 23, 2019 at 11:52 pm
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From April 1, 2019 to June 20, 2019, the company has repurchased 340,000 shares, representing 1.95% for KRW 1,386.14 million. With this, the company has completed the repurchase of 490,000 shares, representing 2.8% for KRW 1,985.47 million under the buyback announced on March 20, 2019.
KOOK SOON DANG.CO.,LTD. is a Korea-based company engaged in the production and marketing of Korean wines. The Company's products include BEKSEJU, which is brewed with glutinous rice, enzyme and 12 categories of herbs; 50SEJU, which is the mixture of BEKSEJU and Korean Vodka; YEDAM CHARYEJU, which is brewed with rice, corn starch and others used mainly for ancestor worship ceremonies; MYUNGJAK, including SANGHWANG, BOKBUNJA, OMIJA and OGAJA, which are made from natural mushroom, raspberry, schisandra fruit and siberian ginseng's fruit, respectively; RICE MAKKOLI, which is a Korean traditional alcoholic beverage, as well as GINSENG LIQUOR and GINSENG WINE. The Company distributes its products within domestic market and to overseas markets, including America, China, Japan and other countries.