Shinjin Sm Co.,Ltd. announces an Equity Buyback for 161,813 shares.
March 26, 2020 at 03:15 am
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Shinjin Sm Co.,Ltd. (KOSDAQ:A138070) announces a share repurchase program. Under the program, the company will repurchase up to 161,813 shares. The purpose behind the program is to improve shareholder value and to stabilize stock price. The repurchase program will expire on June 26, 2020. As of March 25, 2020, the company had 319,846 treasury shares within scope available for dividend and no shares in treasury through other repurchase.
SINJIN SM CO., LTD. is a Korea-based company mainly engaged in the manufacture of standard plates. The Companyâs products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks and others. The Company also provides processing equipment such as bearing holders, tool holders, chamber machines, precision cutting machines and others. It distributes its products within domestic market and to overseas markets.
SHINJIN SM CO.,LTD. 
