Tranche Update on Monami Co., Ltd.'s Equity Buyback Plan announced on October 26, 2018.
January 27, 2019 at 09:26 pm EST
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From January 1, 2019 to January 23, 2019, the company has repurchased 60,000 shares, representing 0.32% for KRW 167.21 million. With this, the company has completed the repurchase of 350,000 shares, representing 1.89% for KRW 904.02 million under the buyback announced on October 26, 2018.
MonAmi CO., LTD. is a Korea-based company mainly engaged in the provision of stationery products and printer supplies. The Company operates its business through three main divisions: stationery division, computer supplies division and other business division. Its stationery division is engaged in the manufacture and distribution of stationery products, such as ball pens, nib pens, marker pens, highlighters, mechanical pencils, art materials, erasers, correction pens, board cleaners, calculators and other related items. Its computer supplies division mainly provides printer supplies, such as inks, ink cartridges, toners and others. Its other business division engages in the franchise business, provision of printing and output services, and operation of special sale goods.