Suprema HQ Inc. announces an Equity Buyback for KRW 3,000 million worth of its shares.
October 30, 2018 at 11:07 am IST
Suprema HQ Inc. (KOSDAQ:A094840) announces a share repurchase program. Under the program, the company will repurchase KRW 3,000 million under the contract with Shinhan Investment Corp. The purpose of the program is to stabilize stock price and increase shareholder value. The program will be valid until October 29, 2019. As of October 29, 2018, the company had 504,432 shares in treasury under the dividend capacity and 4,388 shares in treasury under other capacities.