Tranche Update on Eagon Industrial Co., Ltd.'s Equity Buyback Plan announced on November 8, 2017.
February 12, 2018 at 03:02 am EST
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From November 8, 2017 to December 31, 2017, the company has repurchased 144,279 shares, representing 1.54% for KRW 1,331.43 million. With this, the company has completed the repurchase of 144,279 shares, representing 1.54% for KRW 1,331.43 million under the buyback announced on November 8, 2017.
EAGON INDUSTRIAL CO.,LTD. is a Korea-based company principally engaged in the manufacture of plywood products. The Company operates in three segments: lumber, plantation and energy. The lumber segment produces plywood and building materials such as plywood floorings, structural wood, engineering wood, boards and others used for furniture as well as construction interior and exterior materials. The plantation segment provides hardwood and veneers through its subsidiaries in Solomon Islands. The energy segment engages in the steam supply and power generation business providing vapor and electricity through its subsidiary Eagon Energy Co., Ltd. It also produces and markets wood pallets. The Company supplies its products within domestic market and to overseas markets.