DongYang P&F Co., Ltd. announces an Equity Buyback for 298,000 shares.
January 18, 2018 at 01:42 am EST
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DongYang P&F Co., Ltd. (KOSDAQ:A104460) announces a share repurchase program. Under the program, the company will repurchase up to 298,000 shares. The purpose of the program is to stabilize stock price. The program will expire on April 18, 2018. As of January 17, 2018, the company had 550,367 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
DYPNF Co Ltd, formerly Dong Yang P&F Co Ltd, is a Korea-based company engaged in the design and manufacturing of bulk handling systems. The Company designs, manufactures, installs and tests bulk handling systems. The Companyâs products consist of pneumatic conveying systems, mechanical conveying systems and factory automation systems, which are used for fine chemical, plastic, steel, ceramic, fertilizer, food, construction and other industries. The Company distributes its products within domestic market and to overseas markets.