Mobileleader Co.,Ltd. announces an Equity Buyback for KRW 500 million worth of its shares.
February 07, 2020 at 08:10 am IST
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Mobileleader Co.,Ltd. (KOSDAQ:A100030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 500 million worth of its common stock, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the program is to stabilize the stock prices. The program will expire on August 7, 2020. As of February 6. 2020, the company had 536,532 shares in treasury and no shares in treasury through other acquisition.
InziSoft Co Ltd, formerly Mobileleader Co Ltd, is a Korea-based company engaged in the development of software for mobile solutions. The Company provides synchronization solutions used for synchronizing personal data such as phone numbers, schedules and memos, as well as multimedia data such as photos, music and videos between mobile devices and personal computers (PCs). The Company also provides multimedia solutions, such as Multimedia Manager, Multimedia Player, Music Manager, Movie Maker and others.