Spigen Korea Co., Ltd. announces an Equity Buyback for KRW 7,000 million worth of its shares.
July 19, 2017 at 02:52 am EDT
Spigen Korea Co., Ltd. (KOSDAQ:A192440) announces a share repurchase program. Under the program, the company will repurchase KRW 7,000 million worth of its shares. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on January 18, 2018. As of July 19, 2017, the company had 25,413 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.