Tranche Update on Cosmax, Inc.'s Equity Buyback Plan announced on January 2, 2020.
January 14, 2020 at 01:05 pm IST
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From January 2, 2020 to January 10, 2020, the company has repurchased 12,500 shares, representing 0.12% for KRW 1,010.38 million. With this, the company has completed the repurchase of 12,500 shares, representing 0.12% for KRW 1,010.38 million under the buyback announced on January 2, 2020.
Cosmax Inc is a Korea-based company mainly engaged in the production and sale of cosmetics. The Company produces and sells cosmetics in the form of original development & design manufacturing (ODM). The Company is engaged in the manufacture and sale of skincare, makeup, Korean herbal cosmetics, fragrances, mask sheets and nail polish. Skincare products include skin lotions, creams, cleansings and essences. Makeup products include makeup bases, foundations, concealers, face powders, eyeshadows, eye liners, mascara, lipsticks and primers. The Company distributes its products in domestic and overseas markets such as China, Indonesia and America.