HanmiGlobal Co., Ltd. announces an Equity Buyback for KRW 2,000 million worth of its shares.
August 30, 2019 at 02:20 am EDT
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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. The purpose of the share repurchases is to enhance shareholder value through stabilizing stock price. The program is valid till March 4, 2020. As of August 29, 2019, the company had 900,000 shares are in issue and no shares in treasury.
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. 
