Miwon Specialty Chemical Co., Ltd. announces an Equity Buyback for 30,000 shares.
April 18, 2023 at 09:16 am 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 30,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price.
The program will expire on July 18, 2023. As of April 17, 2023, the company had 114,000 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
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.