Tranche Update on Pavonine Co., Ltd.'s Equity Buyback Plan announced on July 21, 2022.
October 24, 2022 at 11:57 am IST
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From July 21, 2022 to September 30, 2022, the company has repurchased 232,080 shares, representing 1.79% for KRW 876.08 million. With this, the company has completed the repurchase of 232,080 shares, representing 1.79% for KRW 876.08 million under the buyback announced on July 21, 2022.
PAVONINE CO., LTD. is a Korea-based company principally engaged in the home appliance exterior parts. The Companyâs main products portfolio consists of television (TV) exterior parts, such as TV frames, stands and others; medical equipment exterior parts, such as X-ray equipment assemblies and others; home appliance parts, such as refrigerator handles and others, as well as other home appliance interior and exterior parts, among others. In addition, it is involved in the provision of semi-finished products and scraps. The Companyâs main clients include Samsung Electronics, LG Electronics, ThomsonMedia, YASKAWA and others.