Actoz Soft Co.,Ltd. announces an Equity Buyback for KRW 3,000 million worth of its shares.
September 16, 2018 at 10:37 pm EDT
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Actoz Soft Co.,Ltd. (KOSDAQ:A052790) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares, under the contract with DB Financial Investment Co.,Ltd. The purpose of the program is to enhance shareholder's value and to stabilize the share price. The program will be valid until March 16, 2019. As of September 16, 2018, the company had 167,455 shares in treasury under the dividend capacity and 480 shares in treasury under other capacities.
ACTOZ SOFT CO.,LTD. is a Korea-based company engaged in the development, publishing and marketing of online game software. The Company provides online game software and mobile game software. The Companyâs products including action massively multiplayer online role-playing games (MMORPGs), heroism role-playing games, three dimension (3D) adventure role-playing games, casual games, shooting games and sports games, such as La Tale, LAZESKA, AquAqu, A3 and Dark Blood, among others. The Company distributes its game products within domestic market and to overseas markets, including China, Japan, Thailand, Singapore, India, Taiwan and others.