Tranche Update on Samhwa Networks Co., Ltd.'s Equity Buyback Plan announced on September 26, 2017.
March 27, 2018 at 08:15 pm EDT
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From September 30, 2017 to January 31, 2018, the company has repurchased 973,523 shares, representing 2.37% for KRW 1,344.99 million. With this, the company has completed the repurchase of 973,523 shares, representing 2.37% for KRW 1,344.99 million under the buyback announced on September 26, 2017.
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. 
