Tranche Update on Hanchang Paper Co., Ltd.'s Equity Buyback Plan announced on January 22, 2018.
March 14, 2018 at 03:39 am EDT
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From January 22, 2018 to March 9, 2018, the company has repurchased 1,200,000 shares, representing 2.01% for KRW 1,247.21 million. With this, the company has completed the repurchase of 1,200,000 shares, representing 2.01% for KRW 1,247.21 million under the buyback announced on January 22, 2018.
Hanchang Paper co., Ltd. is a Korea-based company principally engaged in the manufacture and distribution of white duplex boards. The Companyâs products consist of high quality deluxe art boards; duplex boards, including duplex boards with white backs, duplex boards with gray backs and uncoated duplex boards, as well as functional white paperboards including anion papers, yellow ocher papers and jade papers. Its duplex boards are mainly used for cosmetics, high-end clothing, medicine, stationery packaging boxes and others. Its functional white paperboards are mainly used for childrenâs goods, fruit boxes, confectionary boxes, calendars, book covers and others. The Company distributes the products within domestic market and to overseas markets.