Tranche Update on Samho Development Co., LTD's Equity Buyback Plan announced on November 21, 2017.
February 23, 2018 at 01:24 am EST
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From November 21, 2017 to January 12, 2018, the company has repurchased 650,000 shares, representing 2.6% for KRW 2,967.76 million. With this, the company has completed the repurchase of 650,000 shares, representing 2.6% for KRW 2,967.76 million under the buyback announced on November 21, 2017.
Samho Development Co.,Ltd is a Korea-based company principally engaged in the civil engineering business. The Company, together with its subsidiaries, operates in two segments: construction segment and venture capital segment. Its construction segment is involved in the construction of expressways, subways, bridges, tunnels, leisure facilities and port facilities, as well as residential and industrial complexes and others. Its venture capital segment is involved in the investment in start-up entrepreneurs, business portfolios and other small- and medium-sized new technology venture companies. It also provides aggregates, leasing of properties and others.