DNF Co.,Ltd. announces an Equity Buyback for 100,000 shares.
October 27, 2015
Share
DNF Co.,Ltd. (KOSDAQ:A092070) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares for KRW 1,715 million. The shares will be repurchased at the closing stock price as of October 27, 2015 of KRW 17,150 per share.
The shares will directly be repurchased through the KOSDAQ. The purpose of the program is to improve the shareholders' value and to stabilize the stock price. The maximum shares that will be repurchased on any single day are limited to 17,642 shares.
The program will expire on January 28, 2016. As of October 27, 2015, the company had nil common shares in treasury under the scope available for dividend and nil common shares in treasury under other capacities.
DNF Co.,Ltd. is a Korea-based company engaged in the development, manufacture and marketing of chemical products used for semiconductor industry. The Company mainly produces amorphous carbon layer (ACL) products, which are used as hard mask film materials; atomic layer chemical vapor deposition (AL CVD) products, which are used for dynamic random-access memories (DRAMs) and flash memories; titanium nitride (TiN) products, which are used as diffusion barrier materials; superoxidase dismutase (SOD) products, and others, such as high-k precursors, silicon precursors and others. The Company also provides coating materials for automobiles, construction materials and others. In addition, it involves in the real estate rental business. The Company distributes its products within domestic market and to overseas markets, including China, Japan and Taiwan.
DNF CO.,LTD. 