Tranche Update on CNH Co., Ltd.'s Equity Buyback Plan announced on June 23, 2022.
September 27, 2022 at 01:53 am EDT
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From July 1, 2022 to September 23, 2022, the company has repurchased 565,879 shares, representing 1.64% for KRW 1,228.42 million. With this, the company has completed the repurchase of 595,000 shares, representing 1.73% for KRW 1,279.65 million under the buyback announced on June 23, 2022.
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.