Tranche Update on First Steamship Co., Ltd.'s Equity Buyback Plan announced on February 5, 2020.
March 17, 2020 at 04:11 am EDT
Share
From February 5, 2020 to March 17, 2020, the company has repurchased 10,000,000 shares, representing 1.59% for TWD 94.49 million. With this, the company has completed the repurchase of 10,000,000 shares, representing 1.59% for TWD 94.49 million under the buyback announced on February 5, 2020.
First Steamship Company, Ltd. is a Taiwan-based company principally engaged in sea transportation businesses and the operation of department stores. The Company operates through two segments. Sea Transportation segment is engaged in the provision of international transportation services of bulk cargo and ship chartering services. It focuses on cereals, ore sands, coal and fertilizer, among others. Ships under the Company include Ever Blossom, Ever Shining, Ever Excellent and Ever Leader, among others. Department Stores segment is engaged in retailing businesses in Mainland China. It provides apparels, jewelry products, cosmetics products, footwear products, sports supplies and home appliances, among others.