Crown Confectionery Co., Ltd. announces an Equity Buyback for 600,000 shares.
April 09, 2020 at 01:21 pm IST
Share
Crown Confectionery Co., Ltd. (KOSE:A264900) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on July 9, 2020. As of April 8, 2020, the company had 7,681 shares in treasury within scope available for dividend and had 621 shares in treasury through other repurchase.
CROWN CONFECTIONERY CO.,LTD. is a Korea-based company principally engaged in the production and distribution of confectionaries. The Companyâs product portfolio includes biscuits, cakes, snacks, candies, chocolates and other products. The Company markets its products under the brand names of Couque D'asse, Heim, Crown Sando, Cham Grain, Cream Ble, Big Pie, Lonx, Pretzel, Corn Chip, Mychew, Milk Ball, Mini Shell, Kicker, Dicha and others.