Tranche Update on Muhak Co., Ltd.'s Equity Buyback Plan announced on May 22, 2019.
June 28, 2019 at 03:12 am EDT
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From May 22, 2019 to June 26, 2019, the company has repurchased 500,000 shares, representing 1.77% for KRW 5,479.99 million. With this, the company has completed the repurchase of 500,000 shares, representing 1.77% for KRW 5,479.99 million under the buyback announced on May 22, 2019.
Muhak Co Ltd is a Korea-based company principally engaged in the manufacture and sale of traditional liquor products. The Company operates its business through two segments. The Liquor Segment engaged in the manufacture of soju, a distilled beverage native to Korea, as well as chrysanthemum alcoholic drinks, plum wines, sparkling wines and rice wines. The Steel Segment engages in the manufacturing and processing electrical steel sheets and stainless steels for electric motors and transformers. The Company distributes its liquor product in domestic and overseas markets such as China, Vietnam.
MUHAK CO., LTD. 
