Echomarketing Co.,Ltd. announces an Equity Buyback for 135,000 shares.
April 12, 2021 at 12:19 am EDT
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Echomarketing Co.,Ltd. (KOSDAQ:A230360) announces a share repurchase program. Under the program, the company will repurchase up to 135,000 shares. The purpose of the share repurchase program is to enhance shareholder value. The share repurchase program is valid until October 11, 2021. As of April 11, 2201, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
On May 04, 2021 the company announced the correction of repurchase plan duration, the program is now valid until July 11, 2021.
Echo Marketing Co Ltd is a Korea-based company principally engaged in the manufacture and sale of apparel products. The Company operates its business through four segments. The Clothing Manufacturing and Sales segment is engaged in the manufacture and sale of yoga wear, leggings, slacks and other clothing products. The Direct to Consumer (D2C) Commerce segment is engaged in the provision of e-commerce services. The Advertising Agency Service segment is engaged in the provision of advertising agency service for search engines, advertising agency service for play devices and other services. The Others segment is engaged in the investment businesses.