Tranche Update on Chokwang Leather Co.,Ltd.'s Equity Buyback Plan announced on September 14, 2018.
March 15, 2019 at 03:17 am EDT
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From January 1, 2019 to March 14, 2019, the company has repurchased 37,625 shares, representing 1.05% for KRW 1,382.85 million. With this, the company has completed the repurchase of 39,628 shares, representing 1.1% for KRW 1,450.85 million under the buyback announced on September 14, 2018.
Chokwang Leather Co.,Ltd. is a Korea-based company engaged in the manufacture and distribution of leathers. The Company mainly provides automotive leathers, which are used as seat covers, headrests, armrests, steering wheels, door trims, dash boards, knobs and others, as well as fashion leathers, including full grain, shrunken, vegetable tanned, oil type, corrected grain, waterproof and other types, which used in the shoes, handbags, wallets, belts and others. It also provides leathers used as furniture and other products. In addition, it is involved in the provision of byproducts in the leather manufacturing process. The Company distributes its products within domestic market and to overseas market.
CHOKWANG LEATHER CO.,LTD. 