Genians, Inc. announces an Equity Buyback for KRW 2,000 million worth of its shares.
March 20, 2020 at 12:21 am EDT
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Genians, Inc. (KOSDAQ:A263860) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a contract with Hana Financial Investment. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on September 21, 2020. As of March 19, 2020, the company had 515,200 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
GENIANS, INC. is a Korea-based company principally engaged in the development of network access control (NAC) solution. The Companyâs products include Genian NAC, Genian GPI and Genian Insights E. The Company also provides solutions includes network security management (NSM), wireless network access control (WNAC), personal computer asset management, personal computer security, virtualization, physical network isolation and personal computer compliance.
GENIANS, INC. 
