LabGenomics Co., Ltd. announces an Equity Buyback for 101,419 shares.
July 29, 2019 at 09:02 pm EDT
LabGenomics Co., Ltd. (KOSDAQ:A084650) announces a share repurchase program. Under the program, the company will repurchase up to 101,419 shares pursuant to a trust contract with Samsung Securities Co., Ltd. The purpose of the program is to improve shareholder value through stabilization of stock price. The program will expire on August 30, 2019. As of July 29, 2019, the company had 26,553 shares in treasury within scope available for dividend and had 0 shares in treasury through other repurchase.