Tranche Update on Seondo Electric Co., Ltd.'s Equity Buyback Plan announced on March 28, 2024.
March 28, 2024
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From March 27, 2024 to March 27, 2024, the company has repurchased 900,000 shares, for KRW 450 million. With this, the company has completed the repurchase of 900,000 shares, for KRW 450 million under the buyback announced on March 28, 2024.
SEONDO ELECTRIC CO., LTD. is a Korea-based company engaged in the manufacture of electric conversion devices. The Company operates its business through two divisions: electric conversion device division, which provides switchgears, such as gas insulated switchgears (GISs), vacuum circuit breakers (VCBS), vacuum circuit systems (VCSs)transmission line protection relay panels and others; monitoring and control systems, such as substation total automation systems, remote terminal units (RTUs), distributed control systems and supervisory controls and data acquisition (SCADA) systems; circuit breakers, such as earth leakage circuit breakers, magnetic contractors, home panel boards, reject filters and ignition transformers; environment products, such as diesel soot smoke reducers, electric dust collectors and others, as well as electric construction services, and finance investment division, which engages in the venture capital investment business.
SEONDO ELECTRIC CO., LTD. 
