Seondo Electric Co., Ltd. announces an Equity Buyback for 900,000 shares.
March 27, 2024
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Seondo Electric Co., Ltd. (KOSE:A007610) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares. The company will receive the shares as gift from the major shareholder.
SEONDO ELECTRIC CO., LTD. is a Korea-based company engaged in the manufacture of electric conversion devices. The Company operates its business through two divisions: electric conversion device division, which provides switchgears, such as gas insulated switchgears (GISs), vacuum circuit breakers (VCBS), vacuum circuit systems (VCSs)transmission line protection relay panels and others; monitoring and control systems, such as substation total automation systems, remote terminal units (RTUs), distributed control systems and supervisory controls and data acquisition (SCADA) systems; circuit breakers, such as earth leakage circuit breakers, magnetic contractors, home panel boards, reject filters and ignition transformers; environment products, such as diesel soot smoke reducers, electric dust collectors and others, as well as electric construction services, and finance investment division, which engages in the venture capital investment business.
SEONDO ELECTRIC CO., LTD. 
