Heerim Architects & Planners Co., Ltd.'s Equity Buyback in the amount of KRW2000 mm has expired
January 23, 2013 at 11:00 pm EST
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The Board of Directors of Heerim Architects & Planners Co., Ltd. (KOSE:A037440) authorized a share repurchase program on May 17, 2010. Under the program, the company will repurchase up to KRW 2 billion worth own shares pursuant to a trust agreement with Shinhan Investment Corp. The purpose behind the program is enhancement of shareholders' value through stability of stock price. Repurchases will commence on May 17, 2010 and will continue until June 17, 2011. As of May 16, 2010, the company has 825 shares under direct ownership of treasury stock and 573,527 shares in treasury under trust agreement.
On June 17, 2010, the company announced that it has extended the program till June 17, 2011.
On June 17, 2011, the company announced that it has extended the program till June 30, 2011.
On June 30, 2011, the company announced that it has extended the program till August 30, 2011.
On August 30, 2011, the company announced that it has extended the program till September 30, 2011.
On September 30, 2011, the company announced that it has extended the program till October 31, 2011.
On October 31, 2011, the company announced that it has extended the program till December 31, 2011.
On December 30, 2011, the company announced that it has extended the program till December 31, 2012.
On December 30, 2011, the company announced that it has extended the program till December 31, 2012.
On December 31, 2012, the company extended its program until December 31, 2013. As of June 16, 2010, the company has made no repurchases. Shinhan Investment Corp. acted as the broker to the company.
Heerim Architects & Planners Co., Ltd.'s share repurchase program expired on January 24, 2013.
Heerim Architects & Planners is a Korea-based company engaged in the provision of construction-related services. The Company offers design and supervision services of construction, including architectural designing, interior designing, landscape designing and construction management services. The Company is also involved in the development of real estate leasing and consulting, construction technology software and book publishing business. The Company provides its services within domestic market and to overseas markets.