Shinjin Sm Co.,Ltd. announces an Equity Buyback for 205,339 shares.
March 02, 2020 at 09:41 pm EST
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Shinjin Sm Co.,Ltd. (KOSDAQ:A138070) announces a share repurchase program. Under the program, the company will repurchase up to 205,339 shares. The purpose of the program is to increase the shareholders value and share price stability. The program will expire on June 3, 2020. As of March 2, 2020, the company had 114,507 shares in treasury with in the scope available for dividend and no shares in treasury through other repurchase.
SINJIN SM CO., LTD. is a Korea-based company mainly engaged in the manufacture of standard plates. The Companyâs products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks and others. The Company also provides processing equipment such as bearing holders, tool holders, chamber machines, precision cutting machines and others. It distributes its products within domestic market and to overseas markets.
SHINJIN SM CO.,LTD. 