BAIKSAN Co,. Ltd announces an Equity Buyback for 1,000,000 shares.
September 02, 2022 at 07:13 am IST
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BAIKSAN Co,. Ltd (KOSE:A035150) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares.
The program is aimed at profit burnout. The repurchase program is valid till December 4, 2022. As of September 1, 2022, the company had 0 shares within scope available for dividend and had 0 shares in treasury through other repurchase.
BAIKSAN Co., Ltd is a Korea-based company mainly engaged in the manufacture and distribution of synthetic leathers. Along with its subsidiaries, the Companyâs main products are synthetic leathers which are polyurethane synthetic leathers used for sports shoes, electrical products, automobile internal materials, furniture and others. The Companyâ subsidiaries are P.T.BAIKSAN INDONESIA, DONGGUAN BAIKSAN and BAIKSAN VIETNAM. It distributes its products within domestic market and to overseas markets.