DongYang P&F Co., Ltd. announces an Equity Buyback for 400,000 shares.
July 23, 2018 at 01:51 am EDT
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DongYang P&F Co., Ltd. (KOSDAQ:A104460) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares. The purpose of the program is to stabilize stock price. The program will expire on October 23, 2018. As of July 22, 2018, the company had 789,119 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
DYPNF Co Ltd, formerly Dong Yang P&F Co Ltd, is a Korea-based company engaged in the design and manufacturing of bulk handling systems. The Company designs, manufactures, installs and tests bulk handling systems. The Companyâs products consist of pneumatic conveying systems, mechanical conveying systems and factory automation systems, which are used for fine chemical, plastic, steel, ceramic, fertilizer, food, construction and other industries. The Company distributes its products within domestic market and to overseas markets.