Inter-M Corporation announces an Equity Buyback for 500,000 shares.
March 15, 2020 at 10:22 pm EDT
Inter-M Corporation (KOSDAQ:A017250) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares. The purpose behind the program is to improve shareholder value and to stabilize stock price. The repurchase program will expire on May 16, 2020. As of March 15, 2020, the company had 500,000 treasury shares within scope available for dividend and no shares in treasury through other repurchase.