Tranche Update on Daelim Trading Co., Ltd.'s Equity Buyback Plan announced on March 23, 2020.
December 23, 2020 at 01:01 am EST
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From July 1, 2020 to September 30, 2020, the company has repurchased 7,250 shares, representing 0.05% for KRW 29.63 million. With this, the company has completed the repurchase of 100,677 shares, representing 0.66% for KRW 387.65 million under the buyback announced on March 23, 2020.
Daelim Trading Co., Ltd. is a Korea-based company mainly engaged in the manufacture and distribution of building materials together with its subsidiaries. The Companyâs products portfolio consists of faucets, including washbasin faucets, tub faucets, sink faucets, general faucets, accessories and others, shower booths, bathtubs, steam sauna pools, bidets and others. It is also engaged in the manufacture of flatware, such as spoons, forks, knives and others, and kitchenware, such as stainless steel cookware, pressure cookers, mixing bowls, kettles and others. The Company distributes its products within domestic market and to overseas markets. Its affiliated companies are mainly engaged in the distribution of construction materials, cookware and home appliances, and investment of securities.