Tranche Update on HWASEUNG Industries Co.,Ltd.'s Equity Buyback Plan announced on February 25, 2020.
February 25, 2021 at 02:07 am EST
Share
From July 1, 2020 to September 30, 2020, the company has repurchased 160,099 shares, representing 0.3% for KRW 1,261.7 million. With this, the company has completed the repurchase of 648,138 shares, representing 1.2% for KRW 4,569.64 million under the buyback announced on February 25, 2020.
HWASEUNG Industries Co.,Ltd is a Korea-based company principally engaged in the manufacture and distribution of footwear. The Company operates in three segments: film segment, footwear segment and distribution segment. The film segment provides biaxially oriented polypropylene (BOPP) films, polyester films, breathable films, metalized films, synthetic paper films, as well as polyethylene terephthalate (PET) films under the brand name Hi-Phane and others, which are used as packaging materials. The footwear segment is engaged in the provision of original equipment manufacturing (OEM) products for ADIDAS and REEBOK, and footwear related products. The distribution segment is engaged in the distribution of chemicals and industrial goods. The Company supplies its products within domestic market and to overseas markets.
HWASEUNG INDUSTRIES CO.,LTD. 
