CNH Co., Ltd. announces an Equity Buyback for 833,000 shares.
November 07, 2022 at 01:57 am EST
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CNH Co., Ltd. (KOSDAQ:A023460) announces a share repurchase program. Under the program, the company will repurchase up to 833,000 shares, pursuant to a trust contract with NH Investment & Securities Co., Ltd. and Meritz Securities Co., Ltd. The purpose of the program is to stabilize stock price and to grow the shareholder value. The program will expire on February 7, 2023.
As of November 6, 2022, the company had 3,808,619 shares in treasury within scope available for dividend and had 0 shares in treasury under other acquisitions.
CNH CO., LTD. a Korean-based holding company principally engaged in the financial services and rentals business. The Company operates its business through five segments. The Financial Service and Rental Business segment engages in the loans, installment financing, car lease and rental, and others. The Hotel Business segment operates the hotels and fitness centers. The Franchise Business segment involves in the franchise business. The Trading Business segment engages in the trading business. The Other Business segment involves in the investment and management consulting business.
CNH CO., LTD. 
