TS Trillion Co., Ltd. announces an Equity Buyback for KRW 400 million worth of its shares.
February 27, 2019 at 01:26 am EST
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TS Trillion Co., Ltd. (XKON:A284610) announces a share repurchase program. Under the program, the company will repurchase shares up to KRW 400 million worth of its shares under the contract with Hana Financial Investment Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until August 26, 2019. As of February 26, 2019, the company had 152,336 shares in treasury under the dividend capacity and no shares in treasury under other capacities.
TS Trillion Co Ltd, formerly HI Special Purpose Acquisition Co IV, is a Korea-based company engaged in the manufacture and sale of hair loss shampoo products. The Company's main products include All New TS Shampoo, All New Plus TS Shampoo, New Premium TS Shampoo, Premium TS Shampoo, and others. In addition, the Company manufactures and sells hair care products such as Gold Plus TS Shampoo, TS Body Shampoo, TS Cool Shampoo, All New Plus TS treatment, and TS Good Dyeing.