JINSUNG T.E.C., INC. JINSUNG T.E.C., Inc. (KOSE:A036890) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of own shares pursuant to a trust agreement with Shinhan Investment Corp. The purpose of the program is to stabilize the stock price and to enhance the shareholders' value.
The repurchases will continue until July 22, 2014. As of January 22, 2014, the company had 1,564,293 shares in treasury within the dividend capacity and nil shares in treasury through the trust agreement.
