Tranche Update on PlumbFast Co., Ltd.'s Equity Buyback Plan announced on August 13, 2019.
August 12, 2020 at 07:25 am IST
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From January 1, 2020 to March 31, 2020, the company has repurchased 131,959 shares, representing 1.43% for KRW 406.37 million. With this, the company has completed the repurchase of 322,950 shares, representing 3.45% for KRW 995.6 million under the buyback announced on August 13, 2019.
PLUMBFAST CO., LTD. is a Korea-based company mainly engaged in the manufacture of plastic pipes. The Companyâs products portfolio consists of poly butylenes (PB) pipes such as PB line pipes, PB pipe coils and others under the brand name Dong Yang PB Pipe, as well as polypropylene-copolymer (PP-C) pipes and fittings, among others. It also involves in the manufacture of connectors, air chamber caps, valve sockets, iron socket adaptors, support sleeves, transition sockets and others. Its products are used as structural parts for cold and hot water supply systems, semi-permanent sanitary and heating construction. The Company mainly distributes its products within domestic market.
PLUMBFAST CO., LTD. 