Tranche Update on Formetal Co., Ltd.'s Equity Buyback Plan announced on December 26, 2012.
June 24, 2014
Share
From December 26, 2012 to June 24, 2014, the company has repurchased 227,448 shares, representing 1.89% for KRW 961.3 million. With this, the company has completed the repurchase of 227,448 shares, representing 1.89% for KRW 961.3 million under the buyback announced on December 26, 2012.
FORMETAL CO., LTD. is a Korea-based company engaged in the forging business. The Company provides automobile parts, including spindles, knuckles, yokes, arms, connecting rods, cam shafts and others; new and renewable energy source and automation machine parts, including shafts, hold flanges, reduction gears, as well as robot components and others; military vehicle parts, including various arms, wheels and others; industrial machine parts, including bearings, valves, bonnets, railroad components, high pressure valves and others, and agricultural machine parts, including cam shafts, connecting rods and crank shafts. The Company distributes its products within domestic market and to overseas markets.
FORMETAL CO., LTD. 
