Tranche Update on KCC Engineering & Construction Co., Ltd.'s Equity Buyback Plan announced on March 20, 2020.
September 21, 2020 at 01:44 pm IST
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From July 1, 2020 to September 21, 2020, the company has repurchased 456,939 shares, representing 2.19% for KRW 3,287.16 million. With this, the company has completed the repurchase of 1,033,117 shares, representing 4.9% for KRW 6,698.12 million under the buyback announced on March 20, 2020.
KCC ENGINEERING & CONSTRUCTION CO., LTD. is a Korea-based company engaged in the construction and engineering business. The Company operates its business through four segments: civil engineering segment, architecture segment, presale construction segment and steel structures segment. Its civil engineering segment constructs expressways, railways, roads, bridges, tunnels, harbors, reclamation works, site renovation works, as well as the water supply and sewerage systems. Its architecture segment engages in the construction of commercial buildings, office buildings, residential buildings, factories, plants and others. Its presale construction segment constructs and markets apartment and residential complexes. Its steel structures segment constructs steel frames for buildings and steel bridges.