Daelim Paper Co.,Ltd. announces an Equity Buyback for 700,000 shares.
March 16, 2020 at 06:30 pm EDT
Share
Daelim Paper Co.,Ltd. (KOSDAQ:A017650) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares. The purpose of the program is to stabilize the stock prices and improve the shareholders' value. The program will end on June 16, 2020. As of March 15, 2020, the company had no shares in treasury within the scope available for dividend and no shares in treasury through other repurchase.
DaelimPaper is a Korea-based company engaged in paper business. The Company produces corrugated liner papers such as corrugated medium papers used as input in the middle of corrugated papers for goods safety and safe transportation, and liner boards used in the inner back sides under the brand name S120, B150, K180 and K220. Its products are for base papers of corrugated boards to make corrugated board boxes for external packing, and divided into liners for the surfaces and backs and medium papers for corrugated attachments.
DAELIM PAPER CO.,LTD. 
