Hansol Holdings Co., Ltd. announces an Equity Buyback for 1,000,000 shares.
February 14, 2018 at 08:09 am
Share
Hansol Holdings Co., Ltd. (KOSE:A004150) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares. The purpose of the share repurchase program is to stabilize the share price and to enhance shareholder value. The share repurchase program is valid until May 11, 2018. As of February 13, 2018, the company had 4,169,461 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Hansol Holdings Co., Ltd., formerly HANSOL PAPER Co., Ltd, is a Korea-based holding company engaged in the management of its subsidiaries. Along with its subsidiaries, the Company mainly manufactures printing papers, including white paper and art paper for printing of general printings, and industrial paper, such as paperboards and special paper, including thermal paper, pressure sensitive paper, fancy paper and inkjet paper. In addition, it is involved in the manufacture of corrugated fiberboards, distribution of paper, as well as operation of resorts with golf courses and skiing facilities. The Company distributes its products within domestic market and to overseas markets.