Tranche Update on Kukdo Chemical Co., Ltd.'s Equity Buyback Plan announced on February 9, 2023.
March 31, 2023 at 01:13 am EDT
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From February 9, 2023 to March 28, 2023, the company has repurchased 150,000 shares, representing 1.76% for KRW 6,862.01 million. With this, the company has completed the repurchase of 150,000 shares, representing 1.76% for KRW 6,862.01 million under the buyback announced on February 9, 2023.
KUKDO CHEMICAL Co., Ltd. is a Korea-based company engaged in the manufacture and sale of epoxy and polyamide resins. The Company operates in two segments: epoxy segment and polyol segment. The epoxy segment specializes in the development of epoxy resin products including bisphenol-A epoxy resin, bisphenol-F type epoxy resin, brominated epoxy resin, non-halogen flame retardant epoxy and others used in paints, electrical and electronic parts, aerospace and information technology. The polyol segment offers coating polyols, adhesive polyols, sealant polyols, elastomer polyols, flexible polyols, rigid polyols and others used as building insulation materials, automobile interior materials, waterproofs, adhesives and so on.