Tranche Update on Samwonsteel Co., Ltd.'s Equity Buyback Plan announced on October 31, 2019.
February 03, 2020 at 07:39 pm EST
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From January 1, 2020 to February 4, 2020, the company has repurchased 19,076 shares, representing 0.05% for KRW 54.63 million. With this, the company has completed the repurchase of 132,808 shares, representing 0.33% for KRW 396.44 million under the buyback announced on October 31, 2019.
SAMWONSTEEL Co.,Ltd. is a Korea-based company engaged in the manufacture of steel products. The Company mainly provides rolled products, materials processing, pipes and leaf springs. Its rolled products include round and square edge flat bars used in leaf springs for suspension systems, as well as round bars. Its materials processing include peeled bars and centerless ground (CGP) bars. Its pipes are used as part of stabilizers bars and torsion beams in vehicle suspension systems. Its leaf springs include leaf springs for automobiles such as multi-leaf springs, parabolic leaf springs and others. The Company distributes its products within domestic market and to overseas markets, such as Japan, China, India, America, Poland and others.
SAMWONSTEEL CO.,LTD. 
