Tranche Update on Taekyung Chemical Co., Ltd.'s Equity Buyback Plan announced on November 26, 2018.
February 28, 2019 at 02:03 am EST
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From November 26, 2018 to December 31, 2018, the company has repurchased 88,507 shares, representing 0.76% for KRW 396.51 million. With this, the company has completed the repurchase of 88,507 shares, representing 0.76% for KRW 396.51 million under the buyback announced on November 26, 2018.
TAEKYUNG CHEMICAL CO., LTD. is a Korea-based company engaged in manufacture of liquid and solid carbon dioxides, magnesium hydroxides, liquid calcium hydroxides and others. The Company operates in two segments: carbon dioxide and environment. Its carbon dioxide segment is engaged in the manufacture of liquid carbon dioxides and solid carbon dioxides used for beers, carbonated drinks, refrigerants, antioxidants and welding materials, and general gases such as ethylene, nitrogen, oxygen and others used for emulsifying agents, shielding gases, heat treatment gases and others. It also involves in the manufacture of high pressure gases, mixture gases and special gases through its affiliate. Its environment segment produces magnesium hydroxides, liquid calcium hydroxides and others used for exhaust gas desulfurization and waste water treatment decontaminants.