Dohwa Engineering Co., Ltd. announces an Equity Buyback for KRW 5,000 million worth of its shares.
November 31, 2018 at 09:32 pm EDT
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Dohwa Engineering Co., Ltd. (KOSE:A002150) announces a share repurchase program. Under the program, the company will repurchase KRW 5,000 million under the contract with NH Investment & Securities Co., Ltd. The purpose of the program is stability of stock price and officer/employee merit compensation. The program will be valid until October 31, 2019. As of October 31, 2018, the company had no shares in treasury under the dividend capacity and no shares in treasury under other capacities.
Dohwa Engineering Co., Ltd. is a Korea-based is a Korea-based integrated engineering company. The Company is engaged in the provision of planning, feasibility investigation, design, analysis, testing, supervision, commissioning, evaluation, consultation and guidance services for engineering areas, such as water supply and drainage works, water resource development, city plan, road construction, river development, harbor and ports construction, railway construction, bridge construction, tunnel construction, landscape architecture and environment, among others. In addition, it is involved in the civil works for construction of national infrastructures such as golf courses, residential land development, rivers and others, as well as research and development works for urban infrastructures and environmental plants.
DOHWA ENGINEERING CO., LTD. 
