Miwon Chemicals Co., Ltd. announces an Equity Buyback for 37,952 shares.
February 28, 2017 at 04:48 am
Share
Miwon Chemicals Co., Ltd. (KOSE:A134380) announces a share repurchase program. Under the program, the company will repurchase up to 37,952 shares, for a total of KRW 2,588.33 million. The repurchases will be made on KOSPI. The repurchased shares will be cancelled. The maximum number of shares that the company may repurchase on any day is 3,795 shares. The share repurchase program will expire on May 31, 2017. As of February 27, 2017, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Miwon Chemicals Co., Ltd. is a Korea-based company principally engaged in the manufacturing and sale of chemical products. The Company's product portfolio consists of sulfur related products, including sulfur, refined and fuming sulfuric acids, and others, which are used for cements, pulps, fertilizers, printed circuit boards (PCBs) and others under the brand name of MIDAS, as well as surface active agents, including sulphonic acids, ethanolamine, alkyl sulfate products and others, which are under the brand names of MICOLIN, LAS and others. In addition, the Company is involved in the provision of rubber chemicals. The Company distributes its products within domestic market and to overseas markets.
MIWON CHEMICALS CO., LTD. 
