Tranche Update on Dong-A Hwa Sung Co.,Ltd.'s Equity Buyback Plan announced on March 20, 2020.
September 21, 2020 at 08:07 am IST
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From April 1, 2020 to June 30, 2020, the company has repurchased 22,233 shares, representing 0.15% for KRW 120.37 million. With this, the company has completed the repurchase of 468,415 shares, representing 3.2% for KRW 1,977.06 million under the buyback announced on March 20, 2020.
Dong-A Hwa Sung Co., Ltd. is a Korea-based company mainly engaged in the manufacture and sale of rubber products used for automobiles and drum washing machines. The Company mainly operates in two divisions: automobile and home appliance. Its automobile division provides gaskets for preventing oil escaping from fixed auto parts, intake hose used to send clean air to inlet manifolds and absorb vibration in automobiles, as well as general rubber products, among others. Its home appliance division provides door gaskets for preventing vibration and water leaking of washing machines, general rubber products, and plastic products used for television cabinets, among others. The Companyâs main clients are Hyundai Motors, GM Korea, Ssangyong Motor, Daelim Motor and others.
DONG-A HWA SUNG CO.,LTD. 
