Tranche Update on Daebongls.Co.,Ltd.'s Equity Buyback Plan announced on February 26, 2021.
June 04, 2021 at 10:03 am IST
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From February 26, 2021 to March 31, 2021, the company has repurchased 51,983 shares, representing 0.47% for KRW 503.55 million. With this, the company has completed the repurchase of 51,983 shares, representing 0.47% for KRW 503.55 million under the buyback announced on February 26, 2021.
Daebongls. Co., Ltd. is a Korea-based company engaged in the manufacture of raw materials for pharmaceuticals and cosmetics. The Company operates its business through two main divisions: cosmetic division, which provides aloe vera gels, beta carotens, calamines, diaformers, emulgades and others for conditioners, emulsifiers, emollients, polymers, thickeners and others; pharmaceutical division, which provides almagates, bentonites, calcitriols, erdosteines, fish oil and others for antibiotics, cough products, expectorants and others. In addition, it is involved in the provision of food chemical additives, fish feedstuff and others. The Company distributes its products within domestic market and to overseas markets, including Japan, America and other Southeast Asian countries.