Tranche Update on Samhwa Networks Co., Ltd.'s Equity Buyback Plan announced on March 20, 2020.
September 21, 2020 at 09:16 pm EDT
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From April 1, 2020 to June 30, 2020, the company has repurchased 673,561 shares, representing 1.71% for KRW 926.17 million. With this, the company has completed the repurchase of 1,111,944 shares, representing 2.81% for KRW 1,384.18 million under the buyback announced on March 20, 2020.
SAMHWA NETWORKS Co., Ltd. is a Korea-based company mainly engaged in the broadcast programs production business. The Company operates its business in three segments: drama production segment, broadcasting segment and record production segment. Its drama production segment engages in the provision of television programs, drama original sound tracks (OSTs), digital sound contents, movies, domestic and overseas copyrights, and others. Its broadcasting segment operates Homedrama channel to acquire advertisement fees and broadcasting license fees through its subsidiary Homedrama Co., Ltd. Its record production segment specializes in the record and video planning and production, entertainment management, as well as concert and star marketing through its subsidiary WS Entertainment.
SAMHWA NETWORKS CO., LTD. 
