ILYA Co., Ltd.'s Equity Buyback in the amount of KRW1000 mm has expired
February 26, 2013 at 11:00 pm EST
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The Board of Directors of Ilya Hi-Tech co. Ltd. (KOSE:A058450) authorized a share repurchase program on August 25, 2009. Under the program, the company will repurchase up to KRW 1 billion worth own shares pursuant to a trust agreement with Woori Investment & Securities Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. Repurchases will commence on August 26, 2009 and will continue until February 26, 2010. As of August 25, 2009, the company has 300,000 shares in treasury.
On February 25, 2010, the company announced that it has extended the program till August 26, 2010.
On August 24, 2010, the company announced that it has extended the program till February 26, 2011.
On February 25, 2011, the company announced that it has extended the program till August 26, 2011.
On August 26, 2011, the company announced that it has extended the program till February 27, 2012.
On February 27, 2012, the company announced that it has extended the program till August 27, 2012.
On August 27, 2012, the company announced that it has extended the program till February 27, 2013. Woori Investment & Securities Co., Ltd. acted as the broker for the buyback.
Ilya Hi-Tech co. Ltd.'s share repurchase program expired on February 27, 2013. Under the plan, the company has repurchased 360,000 shares.
EnterPartners Co Ltd is a Korea-based company engaged in the manufacturing business. The Company operates its business through three segments. The Scrap segment mainly engaged in the steel scrap business. The Manufacturing segment is engaged in plastic injection and mold business. The Franchise segment operates a franchise specializing in shabu-shabu as its main business.