Tranche Update on S&T Holdings Co., Ltd.'s Equity Buyback Plan announced on March 2, 2020.
September 01, 2020 at 12:37 pm IST
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From July 1, 2020 to September 1, 2020, the company has repurchased 45,115 shares, representing 0.3% for KRW 680.02 million. With this, the company has completed the repurchase of 390,304 shares, representing 2.6% for KRW 4,998.11 million under the buyback announced on March 2, 2020.
SNT Holdings Co Ltd, formerly S&T Holdings Co Ltd, is a Korea-based holding company engaged in the management of its subsidiaries. Through its subsidiaries, the Company operates in four business divisions: automobile parts division, which manufactures axles, transmissions, shock absorbers, air bags, motors and others, as well as defense products; industrial equipment division, which manufactures air-cooled heat exchangers, heat recovery steam generators (HRSGs), condensers, denitrification facilities and others; motorcycle division, which manufactures motorcycles and related parts, and other products division, which provides computer numerical control (CNC) machine tools, semi conduct machinery components (SCMCs), machining centers and others. The Company's subsidiaries include S&T Dynamics Co., Ltd, S&T MOTIV CO., LTD, S&T Corporation and others.