Able C&C Co., Ltd. announces an Equity Buyback for KRW 10,000 million worth of its shares.
March 23, 2020 at 09:14 pm EDT
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Able C&C Co., Ltd. (KOSE:A078520) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 worth of its shares pursuant to a contract with Shinhan Investment Corp. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on September 23, 2020. As of March 23, 2020, the company had 883,136 shares in treasury within scope available for dividend and had 3 shares in treasury through other repurchase.
Able C&C Co Ltd is a Korea-based company mainly engaged in the manufacture and sale of cosmetics. The Companyâs main products include base makeup, point makeup, skin care, body care products, hair care products, cleansing, masks, and men's cosmetics. The cosmetics are produced and sold under the name of MISSHA, AâPIEU, SWISSPURE, EAU DE LOVE. The Companyâs products are sold through franchise stores, retail stores as well as the Internet. The Company distributes its products in domestic and overseas markets such as America, Japan and China.
ABLE C&C CO., LTD. 
