Tranche Update on Boryung Medience Co., Ltd.'s Equity Buyback Plan announced on July 15, 2016.
November 06, 2016
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From July 15, 2016 to November 7, 2016, the company has repurchased 195,000 shares, representing 1.65% for KRW 2,997.81 million. With this, the company has completed the repurchase of 195,000 shares, representing 1.65% for KRW 2,997.81 million under the buyback announced on July 15, 2016.
Medience Co., LTD., formerly BORYUNG MEDIENCE CO.,LTD, is a Korea-based company mainly engaged in the manufacture and sale of mother and baby healthcare products. The Company operates its business through two segments. The Maternal and Child Life segment mainly produces and sells products including life health goods under the brand name of B & B; skin care products under the brand name of Dr. ato and THE PURE; feeding supplies such as bottles and nipples; toy and development articles under the brand name of Yookidoo; products under the brand name of I.MOM, and other products. The Fashion segment mainly develops and sells children's clothing under the brand of Chocolat and MUAA, among others.