Miwon Specialty Chemical Co., Ltd. announces an Equity Buyback for 20,000 shares.
October 12, 2023 at 12:34 pm IST
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Miwon Specialty Chemical Co., Ltd. (KOSE:A268280) announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to stock price stability and shareholder value improvement. The program will expire on January 12, 2024.
As of October 11, 2023, the company had 64,000 shares in treasury within scope available for dividend and had no shares in treasury under other acquisitions.
Miwon Specialty Chemical Co., Ltd. is a Korea-based company engaged in the manufacture and distribution of specialty chemicals. The Company mainly produces ultraviolet (UV) coating materials, including monomers, such as acrylates and methacrylates; oligomers, such as epoxy, urethane, polyester, silicone, dendritic acrylates and others, as well as other specialties, such as photo initiators, amine synergist, sucrose benzoate, epoxy diluents and powder coating additives. The Companyâs products are used for ink, automobiles, cell phones, home appliances and others. The Company provides its products mainly under the brand name of MIRAMER.