EMRO. Incorporated announces an Equity Buyback for 414,507 shares.
April 25, 2019 at 01:29 am EDT
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EMRO. Incorporated (XKON:A058970) announces a share repurchase program. Under the program, the company will repurchase up to 414,507 shares. The purpose of the plan is to improve shareholder value and to stabilize stock price. The plan will be valid up to July 25, 2019. As of April 24, 2019, the company had 464,239 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Emro Incorporated is a Korea-based company mainly engaged in the provision of purchase and supply chain management (SCM) solutions. The Companyâs products include smart suite, smart framework, data management and process innovation (PI) consulting services. Smart suite provides integrated solution for optimization on the entire purchasing value chain. Smart framework provides a workspace that maximizes user convenience to enhance system utilization and increase userâs work efficiency. Process innovation consulting services provide professional consulting services which are improvement, process innovation, Information technology (IT) infra innovation and cost innovation. Data management provides a basis for understanding data quality issues and the ability to define business rules directly from the data.