It'S SKIN Co., Ltd. announces an Equity Buyback for KRW 30,000 million worth of its shares.
June 27, 2016
Share
It'S SKIN Co., Ltd. (KOSDAQ:A226320) announces a share repurchase program. Under the program, the company will repurchase up to KRW 30,000 million of its shares pursuant to a trust contract with Mirae Asset Daewoo. The purpose of the share repurchase program is to stabilize the share price and to raise enterprise value. The share repurchase program is valid until December 31, 2016. As of June 26, 2016, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
IT'S HANBUL CO., LTD., formerly It's skin CO., LTD., is a Korea-based company mainly engaged in the retail of cosmetics. The Company mainly retails basic skin cares including toners, essences, emulsions, creams, eye creams, eye masks, sun cares, cleansing foams, exfoliations and others; base makeups including makeup bases, highlighters, concealers foundations, blemish balms (BBs), color control (CC) creams, powders, pacts and others; point makeups including eye shadows, lipsticks, eyebrows, eyeliners and others; body cares including body washes, body scrubs, body lotions, body creams, body oils and body mists; hair cares including hair sprays, hair rinses, hair shampoos and others and other cosmetics.
IT'S HANBUL CO., LTD. 