Tranche Update on FOODWELL Co., Ltd.'s Equity Buyback Plan announced on October 31, 2018.
December 26, 2022 at 12:39 am EST
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From July 1, 2022 to September 30, 2022, the company has repurchased 76,597 shares, representing 0.8% for KRW 445.11 million. With this, the company has completed the repurchase of 105,210 shares, representing 1.09% for KRW 620.25 million under the buyback announced on October 31, 2018.
FOODWELL Co., Ltd. is a Korea-based company engaged in the food processing business. The Companyâs products consist of fruit juice syrups, including strawberries, peaches, apples, grapes, blueberries, pineapples and kiwis; beverages, such as coffee, vitamin drinks, green tea and other fruit juices; canned and bottled goods, such as canned peach, canned apple and others; chestnuts products, including peeled chestnuts, canned chestnuts and chestnut pastes; frozen products including dumplings and fruits, as well as jams, juice concentrates, purees and others. The Company mainly supplies its products to DONGWON F&B, BINGGRAE, CJ, LOTTEMILK and LOTTE CHILSUNG BEVERAGE. The Company distributes its products within domestic market and to overseas markets.
FOODWELL CO., LTD. 
