Chosun Refractories Co.,Ltd. announces an Equity Buyback for 30,000 shares.
March 11, 2020 at 03:45 am EDT
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Chosun Refractories Co.,Ltd. (KOSE:A000480) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares. The purpose of the program is to improve shareholder value through stabilization of stock prices. The repurchase program is valid till June 12, 2020. As of March 10, 2020, the company had 750,000 shares within scope available for dividend and had no shares in treasury through other repurchase.
CR Holdings Co Ltd, formerly Chosun Refractories Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of refractory materials. The Company operates its business through four segments. The Refractory Manufacturing segment is engaged in the manufacture and sale of unburned bricks, fused bricks, irregular shape refractory products as well as others. The Machine Part Manufacturing segment is engaged in the manufacture and sale of automobile engine parts, transmissions parts, refrigerator compressor parts, heavy equipment parts and others. The Golf Course segment is engaged in the membership golf course operation business. The Other segment is engaged in the business support business.
CR HOLDINGS CO., LTD. 
