Tranche Update on DAEYANG ELECTRIC.Co.,Ltd.'s Equity Buyback Plan announced on April 21, 2023.
October 20, 2023 at 08:52 am IST
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From July 1, 2023 to October 20, 2023, the company has repurchased 3,678 shares, representing 0.04% for KRW 42.1 million. With this, the company has completed the repurchase of 85,822 shares, representing 0.92% for KRW 996 million under the buyback announced on April 21, 2023.
DAEYANG ELECTRIC. Co., Ltd. is a Korea-based company engaged in the manufacturing of lighting devices and electrical components. The Company's product portfolio consists of lighting devices, electronic systems, distribution boards, receptacles and fans. The lighting devices include fluorescent lightings, incandescent lightings, navigation and signal lightings, spot lights, search lights, anti-explosion lamps and others for industrial and ship uses. The electronic systems are used in marine communication and navigation equipment, refrigeration container monitoring systems, and others. The distribution boards are used for ships and trains. It also provides lead storage batteries through its subsidiary. The Company mainly distributes its products to overseas markets.
DAEYANG ELECTRIC.CO.,LTD. 
