Tranche Update on Wooshin Systems Co., Ltd.'s Equity Buyback Plan announced on October 19, 2022.
October 20, 2023 at 07:57 am
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From January 1, 2023 to March 31, 2023, the company has repurchased 97,450 shares, representing 0.62% for KRW 344.97 million. With this, the company has completed the repurchase of 313,719 shares, representing 1.96% for KRW 986.42 million under the buyback announced on October 19, 2022.
WOOSHIN SYSTEMS CO., LTD. is a Korea-based company mainly engaged in the manufacture of car body assembly line systems for welding processes. The Company operates its businesses through automobile equipment segment, which provides car body assembly line systems; automobile parts segment, which manufactures automobile doors, and pipe material segment, which distributes polybutylene (PB) pipes. On July 1, 2013, the Company acquired a 100% stake in DBI Inc., mainly engaged in the manufacturing, processing and sales of vehicle parts.
Tranche Update on Wooshin Systems Co., Ltd.'s Equity Buyback Plan announced on October 19, 2022.
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