Mirae Technology Co., Ltd. announces an Equity Buyback for KRW 2,000 million worth of its shares.
October 31, 2018 at 03:04 am EDT
Mirae Technology Co., Ltd. (KOSDAQ:A213090) announces a share repurchase program. Under the program, the company will repurchase KRW 2,000 million under the contract with Kiwoom Securities Co., Ltd. The purpose of the program is to stabilize stock price and enhance shareholder's value. The program will be valid until April 30, 2019. As of October 30, 2018, the company had 106,632 shares in treasury under the dividend capacity and no shares in treasury under other capacities.