Tranche Update on Dong-A Hwasung Co., Ltd.'s Equity Buyback Plan announced on March 6, 2018.
December 04, 2018 at 02:39 am EST
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From April 1, 2018 to December 4, 2018, the company has repurchased 119,130 shares, representing 0.79% for KRW 514.64 million. With this, the company has completed the repurchase of 452,763 shares, representing 2.9% for KRW 1,991.09 million under the buyback announced on March 6, 2018.
Dong-A Hwa Sung Co., Ltd. is a Korea-based company mainly engaged in the manufacture and sale of rubber products used for automobiles and drum washing machines. The Company mainly operates in two divisions: automobile and home appliance. Its automobile division provides gaskets for preventing oil escaping from fixed auto parts, intake hose used to send clean air to inlet manifolds and absorb vibration in automobiles, as well as general rubber products, among others. Its home appliance division provides door gaskets for preventing vibration and water leaking of washing machines, general rubber products, and plastic products used for television cabinets, among others. The Companyâs main clients are Hyundai Motors, GM Korea, Ssangyong Motor, Daelim Motor and others.
DONG-A HWA SUNG CO.,LTD. 
