Hanchang Paper Co., Ltd. announces an Equity Buyback for 1,200,000 shares.
January 22, 2018 at 08:40 am IST
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Hanchang Paper Co., Ltd. (KOSE:A009460) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares. The purpose of the program is to stabilize stock prices and enhance shareholder value. The program will expire on April 20, 2018. As of January 21, 2018, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Hanchang Paper co., Ltd. is a Korea-based company principally engaged in the manufacture and distribution of white duplex boards. The Companyâs products consist of high quality deluxe art boards; duplex boards, including duplex boards with white backs, duplex boards with gray backs and uncoated duplex boards, as well as functional white paperboards including anion papers, yellow ocher papers and jade papers. Its duplex boards are mainly used for cosmetics, high-end clothing, medicine, stationery packaging boxes and others. Its functional white paperboards are mainly used for childrenâs goods, fruit boxes, confectionary boxes, calendars, book covers and others. The Company distributes the products within domestic market and to overseas markets.
HANCHANGPAPER CO., LTD 
