Tranche Update on CQV Co., Ltd.'s Equity Buyback Plan announced on October 24, 2018.
October 22, 2019 at 10:27 pm EDT
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From January 1, 2019 to October 23, 2019, the company has repurchased 83,500 shares, representing 0.92% for KRW 659.41 million. With this, the company has completed the repurchase of 140,952 shares, representing 1.55% for KRW 1,000 million under the buyback announced on October 24, 2018.
CQV Co., Ltd. is a Korea-based company principally engaged in the manufacture of pearlescent pigments. The Companyâs pearlescent pigments are for industrial usages such as wall papers, paints, artificial leathers, ink and prints, floorings, plastics and powder coatings; cosmetic usages such as nail enamels, lip glosses, base powders, eye shadows, lipsticks and color-related cosmetics, and automotive usages such as exterior paints, automotive paints and refinishes paints. The Company also provides electric ceramic powders (ECPs). It distributes its products within domestic market and to overseas markets.