Hanssem Co., Ltd. announces an Equity Buyback for 740,740 shares.
May 12, 2022 at 04:14 am EDT
Share
Hanssem Co., Ltd. (KOSE:A009240) announces a share repurchase program. Under the program, the company will repurchase up to 740,740 shares. The purpose of the share repurchase is active shareholder return.
The repurchase program will expire on August 12, 2022. As of May 11, 2022, the company had 6,937,747 shares within scope available for dividend and had no shares in treasury through other repurchase.
Hanssem Co Ltd is a Korea-based company primarily engaged in the manufacture and sale of kitchen and interior furniture. The Company operates its business through three segments: the Kitchen Furniture segment, the Interior Furniture segment and the Other segment. The Company provides furniture used for kitchens, bedrooms, living rooms, bathrooms and other spaces, such as beds, book cases, desks and sofas, chairs, dressers and others. It also provides allied furniture packages and related materials, as well as remodeling services. It is also engaged in the provision of real estate consulting services, and sales of other food. The Company distributes its products through shopping malls, internet shopping malls, sales agencies and interior alliance stores, as well as to overseas markets.