Sejong Medical Co., Ltd. announces an Equity Buyback for 80,000 shares, for KRW 980 million.
December 04, 2018 at 12:35 am EST
Sejong Medical Co., Ltd. (KOSDAQ:A258830) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, for KRW 980 million. The purpose of repurchase program is to improve shareholder value and to stabilize stock price. The repurchase program is valid till March 4, 2019. As of December 4, 2018, the company has 40,000 shares within scope available for dividend and had 6 shares in treasury through other repurchase.