HanmiGlobal Co., Ltd. announces an Equity Buyback for KRW 2,000 million worth of its shares.
February 20, 2020 at 01:19 am EST
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HanmiGlobal Co., Ltd. (KOSE:A053690) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose of the share repurchases is to enhance shareholder value through stabilizing stock price. The repurchase program will continue until August 25, 2020. As of February 19, 2020, the company had 1,039,330 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
HanmiGlobal Co., Ltd is a Korea-based company mainly engaged in the provision of construction management (CM) and project management (PM) services. The Company provides construction supervision services, environmental and energy consulting and engineering services, as well as specialized services, such as cost management, feasibility study, quality improvement team (QIT), due diligence, schedule management, and lender's technical advice (LTA) businesses. The Company distributes its services within domestic market and to overseas markets. It also involves in the provision of engineering services including urban project design, water treatment facility design, as well as railway, bridge, road and other infrastructure design through its subsidiary OTAK Inc.
HANMIGLOBAL CO., LTD. 
