Tranche Update on KCC Engineering & Construction Co., Ltd.'s Equity Buyback Plan announced on September 24, 2020.
March 24, 2021 at 04:46 am EDT
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From October 1, 2020 to December 31, 2020, the company has repurchased 211,451 shares, representing 1.04% for KRW 1,598.91 million. With this, the company has completed the repurchase of 217,860 shares, representing 1.07% for KRW 1,644.6 million under the buyback announced on September 24, 2020.
KCC ENGINEERING & CONSTRUCTION CO., LTD. is a Korea-based company engaged in the construction and engineering business. The Company operates its business through four segments: civil engineering segment, architecture segment, presale construction segment and steel structures segment. Its civil engineering segment constructs expressways, railways, roads, bridges, tunnels, harbors, reclamation works, site renovation works, as well as the water supply and sewerage systems. Its architecture segment engages in the construction of commercial buildings, office buildings, residential buildings, factories, plants and others. Its presale construction segment constructs and markets apartment and residential complexes. Its steel structures segment constructs steel frames for buildings and steel bridges.