Tranche Update on Samchully Co.,Ltd's Equity Buyback Plan announced on February 3, 2020.
August 03, 2020 at 03:28 am EDT
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From February 3, 2020 to March 31, 2020, the company has repurchased 129,753 shares, representing 3.64% for KRW 9,310.24 million. With this, the company has completed the repurchase of 129,753 shares, representing 3.64% for KRW 9,310.24 million under the buyback announced on February 3, 2020.
Samchully Co., Ltd. is a Korea-based company engaged in the provision of city gas. Along with its subsidiaries, the Company operates five business segments: city gas segment, which mainly supplies liquefied natural gas (LNG) to residential and commercial customers in Gyeonggi-do and Incheon-si; group energy business segment, which supplies heating and electricity; plant segment, which involves in the gas and heating pipelines, and cooling and heating construction business; resource development segment, which mainly sells oil and gas, and other business segment, which involves in the water projects, new and renewable energy business, asset management, catering business and others.