Miwon Chemicals Co., Ltd. announces an Equity Buyback for 100,000 shares.
November 14, 2017 at 01:39 am EST
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Miwon Chemicals Co., Ltd. (KOSE:A134380) announces a share repurchases program. Under the program, the company will repurchase up to 100,000 shares, for a total consideration of KRW 6,070 million. The purpose of the program is to enhance shareholder value and to stabilize stock price. The program will expire on February 14, 2018. As of November 14, 2017, the company had 80,000 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
Miwon Chemicals Co., Ltd. is a Korea-based company principally engaged in the manufacturing and sale of chemical products. The Company's product portfolio consists of sulfur related products, including sulfur, refined and fuming sulfuric acids, and others, which are used for cements, pulps, fertilizers, printed circuit boards (PCBs) and others under the brand name of MIDAS, as well as surface active agents, including sulphonic acids, ethanolamine, alkyl sulfate products and others, which are under the brand names of MICOLIN, LAS and others. In addition, the Company is involved in the provision of rubber chemicals. The Company distributes its products within domestic market and to overseas markets.
MIWON CHEMICALS CO., LTD. 
