Tranche Update on Hankuk Steel Wire Co., Ltd.'s Equity Buyback Plan announced on August 4, 2022.
November 07, 2022 at 01:35 am EST
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From August 4, 2022 to September 30, 2022, the company has repurchased 32,000 shares, representing 0.14% for KRW 134.9 million. With this, the company has completed the repurchase of 32,000 shares, representing 0.14% for KRW 134.9 million under the buyback announced on August 4, 2022.
HANKUK STEEL WIRE CO., LTD. is a Korea-based company engaged in the manufacture and marketing of steel wires. The Company produces mild steel wires, hard steel wires, anti-corrosion coated wires, wire ropes, shape steel products, steel products and stainless steel wires. Its mild steel wires include common steel wires, galvanized steel wires and unpolished galvanized steel wires for coloring and painting. Its wire ropes include cross laid wire ropes, single ropes, parallel laid wire ropes, compacted wire ropes, swaged wire ropes and guide ropes. Its stainless steel wires are mainly used for automobiles, household appliances, communication equipment and others. In addition, it is involved in the provision of fittings, valves and other parts used in shipbuilding, electric power equipment and others.