Miwon Holdings Co., Ltd. announces an Equity Buyback for 11,774 shares.
March 24, 2020 at 10:40 pm
Share
Miwon Holdings Co., Ltd. (KOSE:A107590) announces a share repurchase program. Under the program, the company will repurchase up to 11,774 shares. The purpose behind the program is incineration of profits. The repurchase program will expire on June 25, 2020. As of March 24, 2020, the company had no treasury shares within scope available for dividend and no shares in treasury through other repurchase.
Miwon Holdings Co.,Ltd., formerly Miwon Specialty Chemical Co., Ltd., is a Korea-based company engaged in the manufacture and marketing of specialty chemicals. The Company mainly produces ultraviolet (UV) coating materials, including monomers, such as acrylates and methacrylates; oligomers, such as epoxy, urethane, polyester, silicone, dendritic acrylates and others, as well as other specialties, such as photo initiators, amine synergist, sucrose benzoate, epoxy diluents and powder coating additives. The Companyâs products are used for ink, automobiles, cell phones, home appliances and others. The Company provides its products mainly under the brand name of MIRAMER. On March 17, 2014, it completed the establishment of a wholly-owned subsidiary namely Miwon Spain, S.L.U. in Spain, engaged in the manufacturing of chemical products.