CROWNHAITAI Holdings Co.,Ltd. announces an Equity Buyback for 200,000 shares.
April 09, 2020 at 08:51 am
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CROWNHAITAI Holdings Co.,Ltd. (KOSE:A005740) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on July 9, 2020. As of April 8, 2020, the company had 274,612 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
CROWNHAITAI Holdings CO.,LTD, formerly CROWN CONFECTIONERY CO.,LTD, is a Korea-based company mainly engaged in the production of confectionery products. The Company's products include biscuits, wafers, snacks, pies, chocolates, sweets and gums. Its biscuit brands include Charmgreen, Five grains cookie, KUK HE and others. Its wafer brands include Green Heim, Choco and White Heim, and Crown Wafers. Its snack brands include Corn Pong, Jollypong, Corn Chip and others. Its pie brands include Lonx, O'new and others. Its chocolate brands include Kicker, Minishell and Black Rose. Its sweets brands include Mychew, Mango TwoTwo, Mint Candy and others. Through its subsidiaries, it also engages in the production of ice cream products, dumplings, breads, cakes, cookies and other frozen products, as well as engages in the franchise business and real estate leasing business.