HRS Co., Ltd announces an Equity Buyback for 150,602 shares.
August 10, 2020 at 01:01 am EDT
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HRS Co., Ltd (KOSDAQ:A036640) ) announces a share repurchase program. Under the program, the company will repurchase up to 150,602 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on November 10, 2020. As of August 9, 2020, the company had 223,902 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
HRS Co., Ltd is a Korea-based company mainly engaged in the manufacture and distribution of silicone rubbers. The Company's product portfolio consists of millable type high temperature vulcanizing (HTV) silicone rubbers, liquid silicone rubbers (LSRs), room temperature vulcanizing (RTV) silicone rubbers, silicon sheet (SS) products and others. The Companyâs products are used for electric and electrical equipment, automobiles, communications, medical equipment and other areas. Its products are under the brand name HRS. The Company distributes its products within domestic market and to overseas markets.
HRS CO., LTD 
