YooSung TNS Co., Ltd. announces an Equity Buyback for 1,592,356 shares.
July 25, 2018 at 09:53 am
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YooSung TNS Co., Ltd. (KOSDAQ:A024800) announces a share repurchase program. Under the program, the company will repurchase up to 1,592,356 shares. The purpose of the program is to increase shareholders’ value through stable stock price. The program will be valid till October 25, 2018. As of July 24, 2018, the company had 2,904,094 shares in treasury within scope available for dividend and no shares in treasury through other repurchase.
YOOSUNG T&S CO., LTD is a Korea-based company mainly engaged in the logistics and steel products manufacturing businesses. The Company operates its business through three main divisions: logistics division, steel division and distribution division. Its logistics division provides road and railway transportation of steel products, containers and other bulk cargos; harbor services, including loading and unloading services; vehicle maintenance and repair services; gas filling services, as well as office rental services. Its steel division manufactures steel pipes, steel sheets and others, which are used for bridges, ships, steel structures, automobiles, factories, ports and others. Its distribution division operates resting places, which distribute food, beverages and others. It also provides heat exchangers, as well as sells electrical and gas air conditioners.
YOOSUNG T&S CO., LTD 
