Webzen Inc. announces an Equity Buyback for 320,000 shares.
Published on 05/17/2021 at 02:11 pm IST
S&P Capital IQ
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Webzen Inc. (KOSDAQ:A069080) announces a share repurchase program. Under the program, the company will repurchase 320,000 shares. The purpose of the program is to stabilize share prices and enhance shareholder value. The repurchase program will continue until August 17, 2021. As of May 16, 2021, the company had 1,054,760 shares in treasury under the dividend capacity and 3,634,309 shares in treasury under other capacities.
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