Koreacenter Co.,Ltd. announces an Equity Buyback for KRW 5,000 million worth of its shares.
November 09, 2020 at 09:56 am IST
Koreacenter Co.,Ltd. (KOSDAQ:A290510) announces a share repurchase program. Under the program, the company will repurchase shares for KRW 5,000 million under the contract with Mirae Asset Daewoo. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid till November 8, 2021. As of November 8, 2020, the company had 190,109 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.