NTels Co., Ltd. announces an Equity Buyback for 50,000 shares.
January 08, 2020 at 02:28 am EST
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nTels Co., Ltd. (KOSDAQ:A069410) announces a share repurchase program. Under the program, the company will repurchase 50,0000 shares under the contract with Korea Investment & Securities. The purpose of the program is to improve shareholder value through stabilizing stock price. The program will be valid till April 8, 2020. As of January 7, 2020, the company had 158,033 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.
nTels Co., Ltd. is a Korea-based company engaged in the provision of software solutions for wire- and wireless-communications and broadcasting service areas. Its product portfolio consists of operations support systems used for services opening, accounts collection, gateways and analysis under the brand names of N-Mediator, N-Mediator, IMS, CGF, N-Activator, N-PSG; business support systems used for customer information and product information management, calculations and account data under the brand names of N-Rater, N-CCBS, N-PPS and others, and service platforms used for content management and user identification under brand names of W2CSP and N-Diameter. It is also engaged in the provision of convergence solution services.
NTELS CO., LTD. 