Kyungbang Co.,Ltd announces an Equity Buyback for 230,000 shares.
June 03, 2018 at 11:13 pm EDT
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Kyungbang Co.,Ltd (KOSE:A000050) announces a share repurchase program. Under the program, the company will repurchase up to 230,000 shares. The purpose of the buyback is to enhance shareholder value by stabilizing share price. The plan will be valid up to September 4, 2018. As of June 3, 2018, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Kyungbang Ltd is a Korea-based company principally engaged in the manufacture and distribution of fabric products. The Company operates its business through three segments. The Complex Shopping Mall Business segment mainly operates times square, hotels, and department stores. The Textile Business segment manufactures and sells products such as yarn, cloth, and apparel. The Other Business segment provides real estate consulting services. The Company sells its products in domestic and overseas markets such as Asia and the Americas.
KYUNGBANGCO.LTD 
