Tranche Update on Hanssem Co., Ltd.'s Equity Buyback Plan announced on March 24, 2022.
May 06, 2022 at 03:28 am EDT
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From April 1, 2022 to April 29, 2022, the company has repurchased 297,837 shares, representing 1.76% for KRW 23,739.63 million. With this, the company has completed the repurchase of 337,837 shares, representing 2% for KRW 27,144.55 million under the buyback announced on March 24, 2022.
Hanssem Co Ltd is a Korea-based company primarily engaged in the manufacture and sale of kitchen and interior furniture. The Company operates its business through three segments: the Kitchen Furniture segment, the Interior Furniture segment and the Other segment. The Company provides furniture used for kitchens, bedrooms, living rooms, bathrooms and other spaces, such as beds, book cases, desks and sofas, chairs, dressers and others. It also provides allied furniture packages and related materials, as well as remodeling services. It is also engaged in the provision of real estate consulting services, and sales of other food. The Company distributes its products through shopping malls, internet shopping malls, sales agencies and interior alliance stores, as well as to overseas markets.