Tranche Update on GRITEE, Inc.'s Equity Buyback Plan announced on March 16, 2020.
September 16, 2020 at 03:23 am EDT
Share
From April 1, 2020 to September 16, 2020, the company has repurchased 798,749 shares, representing 4.03% for KRW 2,102.81 million. With this, the company has completed the repurchase of 1,135,773 shares, representing 5.7% for KRW 2,624.75 million under the buyback announced on March 16, 2020.
GRITEE, Inc., formerly M CORSET, Inc. is a Korea-based company principally engaged in the manufacturing and sale of women's underwear. The Companyâs product profile consists of brassieres, panties, girdles, body suits, negligees and leggings. In addition, the Company provides men's panties, running shirt and others. These products are sold under the brand names of Wonderbra, Playtex, Crocodile, Just My Size, Missing Dorothy, Maidenform, Himico, Dr.Miz, among others. The Company distributes its products within domestic market and to overseas markets, such as America and other Asian countries. Its main subsidiaries are inclusive of M Global, Inc., Dr. MIZ KOREA. Inc. and others.
GRITEE, INC. 
