LS NETWORKS CORPORATION LIMITED LS Networks Co., Ltd. (KOSE:A000680) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million pursuant to a trust contract with Korea Development Bank. The purpose of the share repurchase program is to stabilize the share price and to improve the corporate image.
The share repurchase program is valid until August 26, 2015. As of February 10, 2015, the company had 4,195,100 shares in treasury within scope available for dividend and had 9,792 shares in treasury through other repurchase.
