Tranche Update on Newtree Co.,Ltd.'s Equity Buyback Plan announced on December 15, 2020.
March 16, 2021 at 10:10 am IST
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From December 15, 2020 to December 31, 2020, the company has repurchased 119,444 shares, representing 1.35% for KRW 2,850.12 million. With this, the company has completed the repurchase of 119,444 shares, representing 1.35% for KRW 2,850.12 million under the buyback announced on December 15, 2020.
Newtree Co., Ltd. is a company mainly engaged in the production and sale of health functional foods. The major products include skin health, diet products, core food and functional supplements, among others. The core food products include noni juice and avocado oil, among others. The functional supplements include stomach health, blood circulation improvement products and vitamin supplements, among others. The products are sold under the name of such as Evercollagen UV care. The Company distributes its products within the domestic market and to overseas markets.