Sangsangin Co., Ltd. announces an Equity Buyback for 520,000 shares.
March 08, 2019 at 02:59 am EST
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Sangsangin Co., Ltd. (KOSDAQ:A038540) announces a share repurchase program. Under the program, the company will repurchase will repurchase 520,000 shares. The purpose of the program is to increase shareholder value. The program will be valid until June 7, 2019. As of March 7, 2019, the company had 1,337,974 shares in treasury under the dividend capacity and 950 shares in treasury under other capacities.
Sangsangin Co., Ltd., formerly Texcell-Netcom Co., Ltd., is a Korea-based company mainly engaged in the provision of network solutions. The Company operates its business through three main divisions: communication division, information service division and financial division. Its communication division provides network equipment, design and construction of network system services, as well as maintenance services. Its information service division provides digital contents, such as movies, broadcasting programs, videos and others. Its financial division provides financial services. The Company also provides relays, which are used as core components for household appliances, industrial equipment, communication equipment and others.
SANGSANGIN CO., LTD. 
