Tranche Update on Plantynet Co., Ltd.'s Equity Buyback Plan announced on June 9, 2014.
August 07, 2014
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From July 1, 2014 to August 4, 2014, the company has repurchased 95,456 shares, representing 16.78% for KRW 592.21 million. With this, the company has completed the repurchase of 150,000 shares, representing 17.42% for KRW 919.69 million under the buyback announced on June 9, 2014.
Plantynet Co., Ltd. is a Korea-based company engaged in the provision of Internet value-added services and software. The Company and its subsidiaries are engaged in the provision of Internet value-added services, including Web-filtering service, which displays access blocking message or redirect to new Website to protect users from undesirable websites containing uncontrollable and indecent materials, violence and unsocial materials; expanded service, which is a helper program to provide customers convenience in using the Website blocking service; TimeCare service, which automatically blocks Internet connection in broadband network according to the set up time, and Plantware service, which is an online service. It also provides Internet contents services through JoosMusic, Jamynote and Moazine, including music, magazines, images and other contents, as well as engages in the venture capital business and others.