The LEADCORP, Inc. announces an Equity Buyback for KRW 1,000 million worth of its shares.
December 26, 2018
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The LEADCORP, Inc. (KOSDAQ:A012700) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares, pursuant to a contract with KB Securities Co., Ltd. The purpose of the program is to raise shareholder value and compensate employee performance. The program will expire on June 26, 2019. As of December 26, 2018, the company had 413,299 shares in treasury within scope available for dividend and had no shares in treasury under other capacities.
The LEADCORP, Inc. is a Korea-based company mainly engaged in the provision of petroleum products and consumer financial services. The Company operates its business under three segments: petroleum segment, service station segment and consumer financial service segment. Its petroleum segment involves in the oil dealing providing petroleum and related products through petrochemical products supply contract with S-OIL, and leasing of oil reservoirs. Its service station segment involves in the operation of high way resting places. Its consumer financial service segment involves in the provision of loan products through various media, phones, Internet and offices in domestic market. The Company also engages in the real estate rental business.
THE LEADCORP, INC. 