Tranche Update on Dongil Steel Mfg. Co.,Ltd.'s Equity Buyback Plan announced on March 23, 2020.
June 26, 2020 at 12:09 pm IST
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From March 23, 2020 to March 31, 2020, the company has repurchased 15,000 shares, representing 0.1% for KRW 20.03 million. With this, the company has completed the repurchase of 15,000 shares, representing 0.1% for KRW 20.03 million under the buyback announced on March 23, 2020.
DONG IL STEEL MFG CO., LTD is a Korea-based company mainly engaged in the manufacture of steel products. The Company operates two segments: wire rod segment, which manufactures prestressing strands that used for the construction of bridges, buildings, railway sleepers, anchors and nuclear power plants; hard drawn steel wires that used in industrial machineries, furnitures and automobiles; and plasted wires that used for attached communication line, cable support and farming materials, and cold drawn steel bar segment, which manufactures cold drawn bars (CDBs) that used in automobiles, electronic components, constructions and heavy equipments; and stainless (SUS) cold drawn bars. The Company distributes its products within domestic market and to overseas markets.