Tranche Update on Hankuk Steel Wire Co., Ltd.'s Equity Buyback Plan announced on August 4, 2022.
August 07, 2023 at 12:22 pm IST
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From October 1, 2022 to December 31, 2022, the company has repurchased 378,208 shares, representing 1.67% for KRW 1,466.52 million. With this, the company has completed the repurchase of 410,208 shares, representing 1.81% for KRW 1,601.42 million under the buyback announced on August 4, 2022.
HANKUK STEEL WIRE CO., LTD. is a Korea-based company engaged in the manufacture and marketing of steel wires. The Company produces mild steel wires, hard steel wires, anti-corrosion coated wires, wire ropes, shape steel products, steel products and stainless steel wires. Its mild steel wires include common steel wires, galvanized steel wires and unpolished galvanized steel wires for coloring and painting. Its wire ropes include cross laid wire ropes, single ropes, parallel laid wire ropes, compacted wire ropes, swaged wire ropes and guide ropes. Its stainless steel wires are mainly used for automobiles, household appliances, communication equipment and others. In addition, it is involved in the provision of fittings, valves and other parts used in shipbuilding, electric power equipment and others.
HANKUK STEEL WIRE CO., LTD. 
