Tranche Update on Woojin Inc.'s Equity Buyback Plan announced on February 16, 2017.
August 16, 2017 at 04:18 am EDT
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From April 1, 2017 to August 16, 2017, the company has repurchased 191,113 shares, representing 1.12% for KRW 1,181.21 million. With this, the company has completed the repurchase of 476,032 shares, representing 2.76% for KRW 2,823.88 million under the buyback announced on February 16, 2017.
WOOJIN INC. is a Korea-based company engaged in the manufacture of industrial measuring equipment. Its products consist of measuring machines for nuclear power plants, including in-core instruments (ICIs), read switch position transmitters (RSPTs), heated junction thermocouples (HJTCs)and others; automation equipment, automatic temperature measurement systems (ATMSs), slag layer measurement devices and other automatic measuring machines used in steel production sites; condition monitoring systems (CMSs); temperature sensors, used in nuclear power, semiconductor, petrochemical, airline, ship construction and genetic engineering sectors; flowmeters, including vortex type and thermistor type, and materials. On March 12, 2013, the Company acquired additional shares of a Korea-based company. After the transaction, the Company holds 66.67% stake in the Korea-based company. On October 1, 2013, it acquired a 65% stake in SVC Inc.
WOOJIN INC. 
