Chunbo Co., Ltd. announces an Equity Buyback for 250,000 shares.
March 20, 2020 at 12:27 am EDT
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Chunbo Co., Ltd. (KOSDAQ:A278280) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares. The purpose of the share repurchase program is to improve shareholder value and to stabilize the stock price. The share repurchase program is valid until June 20, 2020. As of March 19, 2020, the company had 64 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
CHUNBO Co.,LTD is a company mainly engaged in the production and sale of display application materials. The display application materials include liquid crystal display (LCD) etchant additives and organic light emitting diode (OLED) materials. In addition, the Company is involved in the manufacturing and sale of semiconductor application materials, secondary battery materials, pharmaceutical materials, specialty chemicals, and chemical raw materials, among others. The secondary battery materials include electrolytes and electrolyte additives, among others. The pharmaceutical materials include pharmaceutical intermediates, among others. The specialty chemicals include potassium nitrate and lithium nitrate products, among others. The Company distributes its products within the domestic market and to overseas markets, including China.
CHUNBO CO., LTD. 
