Tranche Update on Pan Entertainment Co.,Ltd.'s Equity Buyback Plan announced on March 31, 2020.
July 03, 2020 at 03:45 am EDT
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From March 31, 2020 to June 30, 2020, the company has repurchased 223,012 shares, representing 0.81% for KRW 906.72 million. With this, the company has completed the repurchase of 223,012 shares, representing 0.81% for KRW 906.72 million under the buyback announced on March 31, 2020.
PAN ENTERTAINMENT CO.,LTD. is a Korea-based company mainly engaged in the production of broadcasting programs. The Company operates its business through two divisions: broadcasting programs business division and rental business division. The broadcasting programs business division is mainly engaged in the production of television (TV) dramas, as well as culture and entertainment programs, which are provided to TV broadcasting companies, and operation of music records business, which produces music records for original sound tracks (OSTs). It also engages in the management of its artists. The rental business division is involved in the building rental and leasing business. The Company distributes its products within domestic market and to overseas markets.