ILYA Co., Ltd.'s Equity Buyback in the amount of KRW1000 mm has expired
February 27, 2013 at 09:30 am IST
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The Board of Directors of Ilya Hi-Tech co. Ltd. (KOSE:A058450) authorized a share repurchase program on August 25, 2009. Under the program, the company will repurchase up to KRW 1 billion worth own shares pursuant to a trust agreement with Woori Investment & Securities Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. Repurchases will commence on August 26, 2009 and will continue until February 26, 2010. As of August 25, 2009, the company has 300,000 shares in treasury.
On February 25, 2010, the company announced that it has extended the program till August 26, 2010.
On August 24, 2010, the company announced that it has extended the program till February 26, 2011.
On February 25, 2011, the company announced that it has extended the program till August 26, 2011.
On August 26, 2011, the company announced that it has extended the program till February 27, 2012.
On February 27, 2012, the company announced that it has extended the program till August 27, 2012.
On August 27, 2012, the company announced that it has extended the program till February 27, 2013. Woori Investment & Securities Co., Ltd. acted as the broker for the buyback.
Ilya Hi-Tech co. Ltd.'s share repurchase program expired on February 27, 2013. Under the plan, the company has repurchased 360,000 shares.
Hanjoo ART Co Ltd, formerly EnterPartners Co Ltd, is a Korea-based company principally engaged in the plastic injection and mold business. The Company operates its business through four segments. The Manufacture segment is mainly engaged in the manufacture and sales of plastic injection and molds. The Franchise segment is mainly engaged in the restaurant franchise business. The Entertainment segment is mainly engaged in the service and performance business. The Scrap segment is mainly engaged in the sales of iron scraps.