Dr.Wu Skincare Co., Ltd. announces an Equity Buyback for 800,000 shares, representing 1.75% for TWD 104 million.
January 10, 2018 at 11:25 am IST
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Dr.Wu Skincare Co., Ltd. (GTSM:6523) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 1.75% of its issued and outstanding share capital, for a total consideration of TWD 104 million. The shares will be repurchased within the price range of TWD 75 per share to TWD 130 per share. The purpose of the program is maintain company's credit and protection of the interest of shareholders. The program will expire on March 10, 2018.
DR.Wu Skincare Co Ltd is a Taiwan-based company mainly engaged in the research and development and sales of cosmetics and skin care products. The main products include hyaluronic acid moisturizing series, mandelic acid skin rejuvenating series, super anti-aging repair series, squalane plant extract repair series, translucent whitening series, laboratory essence series, super retinol rejuvenating series, capsule mask series, all-round sunscreen series, mineral flawless foundation series, beauty health food series, reâdermx, and others. The Company mainly distributes products in Taiwan.