Wonpoong Corporation announces an Equity Buyback for 310,000 shares.
February 19, 2019 at 07:41 am IST
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Wonpoong Corporation (KOSDAQ:A008370) announces a share repurchase program. Under the program, the company will repurchase 310,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until May 17, 2019. As of February 18, 2019, the company had 290,000 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
WONPOONG. Co., Ltd is a Korea-based company mainly engaged in the manufacture of advertising fabrics. The Companyâs products consist of sing-ply roofing waterproofing materials under the brand name of SuperGuard, which are outdoor and indoor roofing membrane with pigments such as ultraviolet (UV) stabilizers, anti-fungicide and others; digital printing media products under the brand name of AnySign AnyFlex, such as backlit, mesh, blockout, polyskin, frontlit and others types; industrial fabrics under the brand name of Super Tarp, such as general tarpaulins, dock seals, container bags, tent tarps, movie screens, print tarps and others, as well as recycle materials under the brand name INNOGREEN. In addition, it is engaged in the wholesale of fabrics, and real estate leasing business.