Tranche Update on Samchuly Bicycle Co., Ltd's Equity Buyback Plan announced on November 29, 2016.
December 30, 2016
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From November 29, 2016 to December 6, 2016, the company has repurchased 200,000 shares, representing 1.63% for KRW 2,437.58 million. With this, the company has completed the repurchase of 200,000 shares, representing 1.63% for KRW 2,437.58 million under the buyback announced on November 29, 2016.
SAMCHULY BICYCLE CO., LTD. is a Korea-based company engaged in the manufacture and marketing of bicycles. The Company's offerings consist of folding bikes, women's bikes, children's bikes, racing bikes, mountain bikes and special bikes under the brand names such as Appalanchia, ELLE, HOUND, NEXT and LESPO. It is also involved in the provision of bicycle parts and related products, such as tires, helmets, goggles, bags, baskets, locks, infant saddles and saddle covers, among others. The Company mainly distributes its products within domestic market.
SAMCHULY BICYCLE CO., LTD 