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 October 1, 2022 to December 21, 2022, the company has repurchased 63,034 shares, representing 0.67% for KRW 351.58 million. With this, the company has completed the repurchase of 168,244 shares, representing 1.76% for KRW 971.83 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.