Tranche Update on Dongsung FineTec Co., Ltd.'s Equity Buyback Plan announced on March 26, 2020.
June 29, 2020 at 09:08 pm EDT
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From March 26, 2020 to June 26, 2020, the company has repurchased 606,365 shares, representing 2.28% for KRW 4,996.19 million. With this, the company has completed the repurchase of 606,365 shares, representing 2.28% for KRW 4,996.19 million under the buyback announced on March 26, 2020.
DONGSUNG FINETEC CO., Ltd, formerly FINETEC CORP, is a Korea-based company mainly engaged in the manufacture of polyurethane (PU) heat insulation materials. The Company operates in two business segments: PU heat insulation materials segment and gas segment. Its PU heat insulation materials segment manufactures PU systems, cryogenic insulation materials and sandwich panels, which are used as heat insulation materials for household appliances, industrial liquefied natural gas (LNG) and construction under the brand name FINEpol, FINEcover and others. Its gas segment manufactures seamless gas cylinders (SGCs), fire protection systems and refrigerants under the brand name FINEXG, FINEGAS and others. It also involves in the real estate rental business. The Company distributes its products within domestic market and to overseas markets.
DONGSUNG FINETEC CO., LTD. 
