NHN KCP Corp. announces an Equity Buyback for KRW 4,000 million worth of its shares.
July 13, 2018 at 12:04 pm IST
NHN KCP Corp. (KOSDAQ:A060250) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million. The purpose of the share repurchase program is to improve shareholder value and to stabilize the stock price. The share repurchase program is valid until January 14, 2019. As of July 12, 2018, the company had 224,635 shares in treasury within scope available for dividend and had 35,041 shares in treasury through other repurchase.