Korea Line Corporation announces an Equity Buyback for 401,606 shares.
March 16, 2020 at 12:51 am EDT
Korea Line Corporation (KOSE:A005880) announces a share repurchase program. Under the program, the company will repurchase up to 401,606 shares. The purpose of the program is to stabilizing the stock prices and enhance the shareholders' value. The program will end on June 16, 2020. As of March 15, 2020, the company had 437,129 shares in treasury within the scope available for dividend and no shares in treasury through other repurchase.